Stadler 2021

Alstom: Completion Of The Acquisition Of Bombardier Transportation

posted on 29th Jan 2021 14:12

On 29 January 2021, Alstom announced completion of the acquisition of Bombardier Transportation: "Leveraging on its Alstom in Motion strategy and its strong operational fundamentals and financial trajectory, Alstom, integrating Bombardier Transportation, will strengthen its leadership in the growing sustainable mobility market by reaching a critical size in all geographies and integrating further solutions and assets to better serve its customers worldwide.

The enlarged group has a combined proforma revenue of around 15.7 billion EUR and a 71.1 billion EUR (stand June 2020) combined backlog. It employs 75,000 people worldwide in 70 countries, has unparalleled R&D capabilities and a complete portfolio of products and solutions."

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