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GREAT NEWS: Alstom announces the completion of several deals as part of commitments to the European Commission concerning Alstom’s acquisition of Bombardier Transportation

GREAT NEWS: Alstom announces the completion of several deals as part of commitments to the European Commission concerning Alstom’s acquisition of Bombardier Transportation
photo: Alstom/GREAT NEWS: Alstom announces the completion of several deals as part of commitments to the European Commission concerning Alstom’s acquisition of Bombardier Transportation
03 / 08 / 2022

On August 1, Alstom announced that it has concluded the divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT 3 platform, currently developed in Hennigsdorf, Germany to CAF. The transaction is part of Alstom’s commitments to the European Commission concerning Alstom’s acquisition of Bombardier Transportation.

To ensure a seamless transition, Alstom will honour its remaining obligations under existing orders for TALENT 3; and will operate in consortium with CAF to fulfil existing contracts for rolling stock delivery from the Reichshoffen site.

The transaction complies with all applicable social processes and consultations with employee representative bodies and was subject to regulatory approvals. Alstom wishes to thank the local teams for their ongoing contributions to its success over the last decades. 

Finally, this milestone signals the completion of the divestment commitments to the European Commission for their clearance of the Alstom/Bombardier transaction. 

 

Source: Alstom Press Releases

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