German components producer has closed a deal to acquire Swiss electronics and signalling technology supplier duagon. The purchase price is estimated at approximately €0.5 bln.
Hungarian State Railways (MÁV) has moved to acquire the Dunakeszi Vasútgépész Járműjavító és Járműgyártó (DVJJ) vehicle repair and manufacturing plant.
Poland: Late last year, rolling stock manufacturer Pesa signed an agreement to acquire 100% of the shares in Leipzig-based tram builder HeiterBlick.
UK: In mid-December a court appointed administrators to Clayton Equipment, initiating insolvency proceedings that could lead to a company restructuring.
Poland: The rolling stock manufacturer has signed a strategic €1.6 bln financing agreement with a consortium of more than 20 lending institutions.
Romania: The rolling stock producer has signed its first leasing contract with local freight operator PSP Cargo through subsidiary Softrans.
Brazil: Bernard Peille, Alstom’s managing director for Latin America, said the company is requesting that localisation clauses be included in procurement processes.
China, Mexico: The solution is structured under the CRRC System+ model, encompassing financing, supply of new rolling stock, line operation, comprehensive signalling system refurbishment, and maintenance services.
Switzerland: Stadler has predictably appealed the outcome of the tender where SBB announced Siemens Mobility the winner.
