Railway supply industry news

Latest business news from the global railway supply industry, including company mergers, acquisitions and financial results.

Operail to sell non-strategic assets

2022-09-27T05:00:00+01:00

ESTONIA: Eight bidders have been shortlisted to participate in the potential sale of state rail freight group Operail’s locomotive assembly and repair, wagon leasing and Finnish operating businesses.

Transport cybersecurity collaboration

2022-09-26T06:00:00+01:00

INTERNATIONAL: Alstom is to work with Waterfall Security Solutions to protect safety-critical and reliability-critical digital networks in the rail and public transport sectors.

ABB to expand portfolio with acquisition of PowerTech Converter

2022-09-19T08:35:00+01:00

GERMANY: ABB is to acquire PowerTech Converter, which supplies auxiliary power converters for light rail vehicle and metro train onboard systems such as HVAC, lighting, safety equipment, doors and battery charging.

TMH Africa bodyshell business acquired by Alstom

2022-09-19T05:00:00+01:00

SOUTH AFRICA: Alstom has acquired TMH Africa’s bodyshell manufacturing activities, which produced bodies for Traxx electric locomotives ordered by Transnet before filing for business rescue.

Investors acquire Australian rolling stock leasing company

2022-09-16T12:00:00+01:00

AUSTRALIA: A 50:50 consortium of DIF Capital Partners and Amber Infrastructure Group has agreed to acquire locomotive and wagon leasing and maintenance company Rail First from Anchorage Capital Partners.