UK: Public transport and specialist automotive seating manufacturer Rescroft Ltd has acquired the designs, tooling and certain stock of Dudley-based seat manufacturer People Seating Ltd.
Announcing the deal on January 9, Rescroft said it would continue supplying PSL's existing rail seats and trim, as well as developing a new range of train seats.
Former PSL Managing Director David Poston is to be retained as a consultant.
UK: ENGIE Solutions subsidiary Icomera UK has completed the acquisition of infotainment system supplier GoMedia Services. Founded in 2015, London-based GoMedia has developed a range of onboard entertainment, passenger information and customer messaging systems for transport operators including several franchised train operating companies. ENGIE Solutions ...
BULGARIA: Bombardier Transportation has established a subsidiary in Bulgaria and opened a project management office in Sofia. ‘With substantial rail modernisation underway in Bulgaria, this new office marks a significant milestone in Bombardier’s commitment to this growing market’, said Richard Hunter, President, Rail Control Solutions at ...
INDUSTRY: Formal signing of the sale and purchase agreement for the acquisition of Bombardier Transportation from Bombardier Inc and Caisse de dépot et placement du Québec was announced by Alstom on September 16. Closing of the transaction is now expected in Q1 2021, subject to regulatory ...
NORTH AMERICA: FreightCar America has signed a letter of intent to acquire joint venture partner Fabricaciones y Servicios de México’s 50% stake in the new wagon manufacturing plant at Castaños in Mexico, and will consolidate all of its production there by January 2021. This will mean the ...
