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Hitachi Rail finalises takeover of Thales’s Ground Transportation Systems

4 June 2024
Reading time ~ 1 min
The Thales rolling laboratory Lucy driving along the Augsburg–Ulm route
The Thales rolling laboratory Lucy driving along the Augsburg–Ulm route. Source: Andreas Axmann
Savenkova Ekaterina, Editorial Contributor to International Projects of ROLLINGSTOCK Agency
Reading time ~ 1 min
Stolchnev Alexey, Russian Projects Editor, ROLLINGSTOCK Agency

France: According to the Japanese company, the merger enables to expand its presence to 51 countries and increase its workforce from 15,000 to 24,000 employees.

The merged company’s signalling systems now operate on 26,000 km of mainlines and 4,600 km of metro lines. Its revenue for 2023 is €7.3 bln, with the majority (60%) derived from the supply and maintenance of signalling systems.

European authorities approved the €1.7 bln deal in October 2023. Previously, the company was required to divest its assets in Germany, France, and the UK. In January, Mermec, Italy, signed a preliminary agreement for these assets.

Thales has been specialising in manufacturing smart signalling and train control systems. It is also engaged in cybersecurity and AI developments for the transportation industry and autonomous trains.

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