Knorr-Bremse Completes Acquisition of Alstom’s North American Rail Signaling Business: What This Means for the Rail Automation Market
04.09.2024
Knorr-Bremse has finalized the acquisition of Alstom’s rail signaling business in North America, this is reported by the railway transport news portal Railway Supply.
The purchase includes Alstom Signaling North America, a division specializing in traditional rail automation systems.
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As part of the deal, Knorr-Bremse acquired a company with 800 employees, two manufacturing sites, and several engineering centers located in six key regions.
The transaction was completed in April 2024. Alstom Signaling North America has a significant market presence, offering rail transport automation solutions.
The acquisition will allow Knorr-Bremse to expand its high-tech capabilities and strengthen its position in the North American market.
Knorr-Bremse continues its strategic portfolio expansion, solidifying its position in key segments of the rail industry.
This deal is a significant step in enhancing the company’s international market presence and increasing its influence in rail automation.
Acquiring Alstom Signaling North America will enable Knorr-Bremse to integrate new technologies and broaden its customer base.
This will enhance its competitive position and provide access to innovative rail automation solutions.
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