The Spanish steel company Sidenor expressed interest in acquiring shares in the Talgo sale process. Spain’s National Securities Market Commission (CNMV) confirmed receiving the official letter from Sidenor. This was reported by the railway transport news portal Railway Supply.

Talgo Sale
Photo: Iñaki Berasaluce/EP

Sidenor is a leading steel company in Spain, specializing in rail production. It operates three manufacturing sites across Spain and has branches in Germany, France, Italy, and the United Kingdom.

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With its diverse assets, Sidenor competes globally and aims to strengthen its railway sector presence through Talgo’s acquisition.

The Talgo sale process, which began nearly a year ago, has attracted multiple offers. The first proposal, valued at €620 million, came from the Hungarian company Ganz-MaVag, in collaboration with the state fund Corvinus. However, the Spanish government intervened in August, blocking the deal without providing specific reasons. This decision sparked significant market discussion.

Czech Skoda Group also pursued acquiring Talgo but faced rejection despite its efforts. This situation highlights the difficulties of completing such deals in a highly competitive environment. Meanwhile, the Polish government is also evaluating a potential acquisition, adding more intrigue to Talgo’s market future.

Interest in the Talgo sale stems not only from technological advancements but also from the potential to boost positions in the railway transport sector. The rail equipment market remains promising, and investors closely monitor any news regarding Talgo’s future. Each new statement raises many questions about what the final decision will be.

Meanwhile, Spain’s National Securities Market Commission continues to monitor the situation and carry out necessary evaluations. Deals of this size demand careful consideration to safeguard national interests and market stability. Sidenor continues building its assets, aiming to become a significant player in the potential merger.

Talgo Sale: Expectations and Opportunities

The situation surrounding the Talgo sale continues to evolve as the market carefully watches each new development. Sidenor, the largest steel company, has good chances but still faces several administrative hurdles.

Market Response to the Talgo Sale

The Talgo sale has triggered various market forecasts. Investors closely follow the actions of governments and companies involved in the sale process, which could shape the future of the rail industry.

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