Latest Mergers and Acquisitions News

Hitachi to Acquire Bombardier's Contribution to the V300 ZEFIRO from Alstom

As part of Alstom's acquisition of Bombardier Transportation, the companies agreed to divest a number of assets, including the V300 ZEFIRO.

TSL-ESCHA Becomes New Member of MAFELEC TEAM

MAFELEC TEAM, an owner-managed French group of companies, acquires TSL-ESCHA GmbH, based in Halver (North Rhine-Westphalia).

Kansas City Southern Board: New CP Proposal Not Superior to CN Bid

Kansas City Southern Board of Directors says the new Canadian Pacific offer is not superior to that made by Canadian National in May.

Canadian Pacific Ups Its Offer to Kansas City Southern

Canadian Pacific has increased its offer to Kansas City Southern to bring it closer to Canadian National's rival offer.

Transport for Wales Signs Deal to Buy Pullman Rail Limited

Transport for Wales has signed an agreement with Colas Rail UK for the purchase of Pullman Rail Ltd, which operates from its Cardiff depot.

Sqills to Join Siemens Mobility

Siemens Mobility acquires Sqills, a leading SaaS provider for inventory management, reservation, and ticketing software.

Thales and Hitachi Rail Negotiate Sale of Ground Transportation Systems Business

Thales and Hitachi Rail have entered into exclusive negotiations regarding Thales’s Ground Transportation Systems Global Business Unit.

Canadian Pacific Urges KSC Shareholders to Vote Against Proposed CN-KCS Merger

CP has urged KCS shareholders to vote against approving a merger between KCS and CN before the STB decision on a voting trust is made.

CN and KCS Submit Financial Documentation for STB Approval of Voting Trust

Canadian National Railway & Kansas City Southern Railway have filed documents requested by the STB in relation to their merger.

KCS Calls CN Bid 'Superior' as the US DOJ Says CN-KCS Merger Poses Greater Risk to Competition

Kansas City Southern has called Canadian National's acquisition bid superior to that made by Canadian Pacific, but the US DOJ has concerns.

Canadian Pacific Files Formal Objection to Canadian National Merger Waiver

Canadian Pacific Railway has filed a formal objection with the Surface Transportation Board to the Canadian National Merger Waiver.

Alstom Acquires Helion Hydrogen Power and Flertex

Alstom has acquired Helion Hydrogen Power and Flertex to expand its expertise in the hydrogen and braking system markets respectively.

Hitachi Rail Completes Acquisition of Perpetuum

Hitachi Rail has completed its acquisition of digital technology company Perpetuum, giving it a broader digital portfolio. 

Canadian Pacific and Kansas City Southern Propose Merger

Canadian Pacific and Kansas City Southern, two Class 1 railroads, have agreed on a merger deal worth 29 billion USD.

Efore Plc Completes Acquisition of Entire Share Capital of Powernet International Oy

Efore Plc has completed on 31 December 2018 the acquisition of the entire share capital of Powernet International Oy. Efore is an internatio…

Alstom Shareholders Approve Siemens Merger and Other Resolutions

Shareholders of Alstom Transport have approved the merger with Siemens and all other resolutions proposed at their special and combined meet…

The Proposed Alstom-Siemens Merger Presses Ahead

The Alstom-Siemens merger awaits approval by the competition authorities and by Alstom's shareholders next month following the two companies…

Loram and GREX Announce Merger Agreement

Loram Maintenance of Way, Inc. (Loram) based in Minneapolis and Georgetown Rail Equipment Company (GREX) based in Georgetown, Texas recently…

Siemens and Alstom Join Forces to Create New 'European Rail Champion'

Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens’ mobility business including its rail traction drives busine…

Beacon Rail Leasing Acquire Ascendos Rail

Beacon leasing acquire Ascendos Rail Leasing S.à. r.l., a European locomotive and rolling stock leasing company to expand their portfolio.

Europe: EC Approve CDPQ Joint Control of Bombardier Transportation

UK: Unipart Rail Acquire Park Signalling Ltd

Russia: Alstom Purchase Additional 8% Share of Transmashholding

South Africa: Transnet Secures a $2.5billion Funding Guarantee from Chinese Export Credit Agency