PESA takes over HeiterBlick
posted on 9th Jan 2026 13:33
In late December 2025, PESA signed an investment agreement to acquire 100 % of the shares in the German tram manufacturer HeiterBlick, based in Leipzig. Fulfillment of the agreed transaction terms is planned for the first quarter of 2026.
HeiterBlick (literally "Cheerful View") is a renowned company that has been producing trams in the German market since the early 2000s, currently implementing projects in Leipzig, Würzburg, and Dortmund. However, in April 2025 the company with around 250 employees has filed for insolvency. Heiterblick was undergoing self-administered insolvency proceedings intending to fulfill all present orders (of which some were cancelled by the customers) and to save the company.
Samuel Kermelk, Managing Director of HeiterBlick, said: "We are delighted to have found a strong partner in PESA. HeiterBlick has a promising business model and a solid order book. We leveraged the restructuring to overcome initial challenges. Over the past few months, we have been working hard on this with our business partners and clients, as well as our banks. Special thanks go to our employees, who have always supported us."