Alstom acquires Motala Train
SWEDEN: Alstom has acquired passenger rolling stock refurbishment, maintenance and repair company Motala Train from Motala Verkstad Group.
Motala Train has a 5 600 m2 workshop in Motala and a second depot in Västeras, with a total of 73 staff and an annual turnover of €15m. Refurbishment work accounts for around 70% of its business.
‘The Swedish railway market has shown strong growth over the last decade, generating broad opportunities not only for trains but also for associated services’, said Per Öster, Alstom Managing Director Nordics, when the deal was announced October 2. ‘To be closer to its customers, Alstom has decided to further invest in the country. We know we can rely on a highly skilled workforce here in Motala to execute the current contracts and seize the new opportunities to come.’