Latest Deals
Alstom signs landmark $4.3bn rolling stock contract in Cologne
Alstom has signed its largest deal ever in Germany with a €4bn ($4.3bn) order by go.Rheinland and Verkehrsverbund Rhein-Ruhr (VRR) public transport authority for 90 new commuter trains in Cologne.
The landmark order covers both the supply of the new Adessia Stream trains for the S-Bahn network in the major city, and a full-service maintenance agreement for the next 34 years, the entire lifecycle of the fleet.
Seville’s Real Betis football club signs Trainline shirt deal
Top Spanish football club Real Betis has signed a two-year shirt sponsorship with Trainline, the digital ticketing provider. Trainline’s logo will appear on the back of matchday shirts worn by the men’s, women’s, and Futsal teams of the Seville club. Trainline’s CEO said the collaboration would also boost Seville’s standing as a rail destination in southern Europe. While Trainline does offer Spanish rail and coach tickets, its global position was crucial to the Real Betis management.
Ganz-Mavag withdraws Talgo bid
Hungarian manufacturer Ganz-Mavag has withdrawn its acquisition offer for Spanish rolling stock company Talgo after the government of Spain blocked the deal over national security concerns. Spain’s Council of Ministers agreed not to authorise the foreign direct investment after analysis by the Foreign Investment Board found that the deal would “entail risks to guarantee national security and public order”.
Alstom completes sale of North American signals business to Knorr-Bremse for $690m
Alstom has completed the $690m sale of its North American conventional signalling business to Knorr-Bremse in the final step of its 2023 company action plan to reinforce its balance sheet. Completion of the sale comes after an initial binding agreement was signed in April 2024 and marks Knorr-Bremse’s first entry into the continent’s signalling market as part of its BOOST 2026 strategy.