Image Courtesy of Alstom Transport
Alstom have signed an agreement to buy Balfour Beatty’s share of Signalling Solutions Ltd (SSL). Back in 2007, a joint-venture was set up between Alstom and Balfour Beatty to provide advanced signalling solutions to the UK and Ireland. Alstom have now become the sole owner of SSL.
SSL has rapidly expanded to become one of the major UK signalling companies in the provision of train control solutions. SSL offer a complete range of services from project design to full delivery. This agreement means that Alstom Transport now has a UK and Ireland workforce to 2,500.
This acquisition is part of Alstoms signalling growth strategy and enables the company to take full benefit from its worldwide resources and capabilities. SSL enriches Alstoms portfolio, both from a geographical and product standpoints, said Pascal Clr, Senior Vice President of Alstom Transport signalling activity.
Alstom will use this fantastic opportunity to strengthen its activities in UK- which include rolling stock, infrastructure, electrification and signalling and contribute to build a better railway. The company is looking forward to further collaborating with Network Rail, Crossrail, HS2 and the British supply chain in delivering the state-of-the-art signalling technologies that will deliver the railways digital future, said Terence Watson, President of Alstom UK.
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