ALSTOM SA : Alstom to transfer Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train to Hitachi Rail
December 01 2021 - 1:01PM
ALSTOM SA : Alstom to transfer Bombardier Transportation’s
contribution to the V300 ZEFIRO very high-speed train to Hitachi
Rail
Alstom to transfer Bombardier
Transportation’s contribution to the V300 ZEFIRO very high-speed
train to Hitachi Rail
Completion of Alstom’s divestments
obligations as required by the European Commission
in relation to the acquisition of Bombardier
Transportation
1
December
2021 – Alstom announced today
that it has agreed to transfer business activities related to
Bombardier Transportation’s contribution to the V300 ZEFIRO very
high-speed train to Hitachi Rail. The transaction is part of
Alstom’s commitments to the European Commission in relation to
Alstom’s acquisition of Bombardier Transportation with reference to
the V300 ZEFIRO. Alstom today finally discharged its
divestment obligations as required by the Commission’s clearance
decision.
Alstom will continue to honor its obligations
under the existing orders for Rolling Stock from Trenitalia and
ILSA to ensure a seamless transition.
For Hitachi Rail, the transaction consolidates
the company’s commitment to the very high-speed rail market,
especially Italy’s Frecciarossa 1000, and reinforces the strength
of the company’s Service and Maintenance capabilities.
The transaction will comply with all applicable
social processes and consultations with employee representative
bodies and is subject to regulatory approvals. Closing of the
transaction is expected in the first semester of 2022.
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About Alstom |
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Leading societies to a low carbon future, Alstom develops and
markets mobility solutions that provide the sustainable foundations
for the future of transportation. Alstom’s product portfolio ranges
from high-speed trains, metros, monorails and trams, to integrated
systems, customised services, infrastructure, signalling, and
digital mobility solutions. Alstom has 150,000 vehicles in
commercial service worldwide. With Bombardier Transportation
joining Alstom on January 29, 2021, the enlarged Group’s combined
proforma revenue amounts to €14 billion for the 12-month period
ended March 31, 2021. Headquartered in France, Alstom is now
present in 70 countries and employs more than 70,000 people.
www.alstom.com |
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Contacts |
Press:Samuel MILLER - Tel.: +33 (0) 6 65 47 40
14samuel.miller@alstomgroup.comCoralie COLLET – Tel.: +33 (0) 7 63
63 09 62 coralie.collet@alstomgroup.com Investor
Relations:Martin VAUJOUR – Tel.: +33 (6) 88 40 17
57martin.vaujour@alstomgroup.com Claire LEPELLETIER –
Tel.: +33 (6) 76 64 33 06claire.lepelletier@alstomgroup.com
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- 20211201_Alstom_Hitachi_V300_FINAL-EN_AlstomOnly
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