Spain’s National Securities Market Commission (CNMV) stated that Talgo has received a purchase offer for all shares from an unnamed Hungarian business group, this is reported by the railway transport news portal Railway Supply.

Hungarian investors are considering the acquisition of the Spanish company Talgo
Picture: Talgo

Sources indicate DJJ Group as a potential buyer, with negotiations already underway.

Multimodal service from Rail Cargo Group

DJJ Group currently manages a railcar plant in Dunakeszi.

Talgo faced financial challenges last year, but as of the first nine months of 2023, the company shows recovery with a doubled order portfolio and revenue matching the previous year’s total.

Talgo’s unique design of single-axle bogies for passenger trains presents both operational complexities and challenges in sales.

Photo: Talgo, source: rollingstock

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