Railway supply industry news – Page 41
-
NewsColas Rail enters German market with strategic acquisition
GERMANY: Colas Rail has signed a share purchase agreement to acquire rail infrastructure contractor Hasselmann Group. Colas said this would give it a foothold in the German market as part of its strategy to target countries with stable economies and high potential for investment in rail ...
-
Rail Business UKWabtec opens first European Transit Performance Optimisation Centre in Derby
UK: Porterbrook will be the first UK rail customer to use a Transit Performance Optimisation Centre which Wabtec has opened in Derby as part of its expansion into asset analytics and condition monitoring to support predictive maintenance. Wabtec already operates four Global Performance Optimisation Centres in ...
-
Metro Report InternationalTram subsystem framework agreement signed
INTERNATIONAL: Knorr-Bremse has signed a framework agreement to supply Hyundai Rotem with subsystems for more than 200 light rail vehicles in 2023-28. Valued in the ‘mid-double-digit million-euros’ range, the agreement announced on August 8 covers ‘field-proven and robust’ electro-hydraulic braking systems including sanding equipment and magnetic ...
-
NewsAmergin to invest in rail and aviation assets
USA: Funds managed by Blue Owl Capital’s Owl Rock division have invested in Amergin Asset Management, which has been formed to invest in a diversified portfolio of wagon and aircraft assets for lease. Based in Boca Raton, Florida, Amergin is headed by CEO Mark McGreenery; he ...
-
Metro Report InternationalSão Paulo metro Line 6 financing secured
BRAZIL: São Paulo metro Line 6 PPP consortium Concessionária Linha Universidade has closed a R$6·9bn financing deal with development bank BNDES. The consortium of Acciona (47%), Societe Generale (39·7%), Stoa (12·3%) and Transdev (1%) said the R$18bn public-private infrastructure project to build the 15·3 km line ...
-
-
Rail Business UKLB Foster announces two acquisitions
UK: US-headquartered rail infrastructure and operational technology company LB Foster has announced two acquistions in the UK transport sector Telford-based Skratch offers digital display design, proof of concept, hardware and software, logistics, installation, maintenance, content management and managed monitoring capabilities that LB Foster intends to leverage ...
-
NewsCDPQ to buy locomotive leasing company Akiem
EUROPE: Following a competitive auction, Akiem shareholders SNCF and DWS have agreed to enter into exclusive negotiations to sell the Akiem locomotive leasing business to Canadian pension and insurance investor CDPQ. The transaction announced on August 1 is subject to consultation with employee representatives and regulatory ...
-
NewsCAF completes acquisition of Alstom’s Reichshoffen plant and two train designs
EUROPE: CAF has formally completed the acquisition of the Alstom plant at Reichshoffen in France, along with the Coradia Polyvalent rolling stock portfolio and intellectual property related to the Talent 3 platform. Alstom agreed to the divest the former De Dietrich plant in Alsace and two ...
-
-
NewsMagyar Vagon becomes sole owner of Dunakeszi Járműjavító
HUNGARY: Investment company Magyar Vagon has become sole owner of the Dunakeszi Járműjavító coach factory, by acquiring the 50% stake in the TMH Hungary Invest joint venture which was previously held by the TMH International subsidiary of Russian rolling stock group Transmashholding. Magyar Vagon said it ...
-
NewsHigh speed operator deploys white label ticketing platform
ITALY: Trainline’s B2B arm Trainline Partner Solutions has supplied open access high speed train operator Italo with an online multi-modal ticket platform enabling passengers to book travel to destinations beyond the 60 stations that it currently serves. It launched July 21, adding tickets for Italbus buses ...
-
Metro Report InternationalMobility+ looks at technology and the last mile
INNOTRANS: Mobility+ is a new zone at InnoTrans where providers of services such as apps, shared mobility, travel information, booking and payment, drones and last-mile innovations can highlight their products. ‘This is where companies exhibiting new mobility services can meet domestic and international transport companies, transport ...
-
NewsUkrainian wagon manufacturer targets EU market with new designs
EUROPE: Ukrainian rolling stock manufacturer Kryukovsky Railway Car Building Works is negotiating with EU operators and leasing companies in the hope of winning contracts to supply new designs of 1 435 mm gauge wagon that it has developed for transporting containers and swap bodies. ‘Taking into account ...
-
In depthSénégal: Rites deal supports passenger revival
Grands Trains du Sénégal’s ambitions to restore passenger services on sections of the Senegalese network will be boosted by support from Indian consultancy Rites.
-
NewsAIMCo to acquire Cando Rail & Terminals
CANADA: Alberta Investment Management Corp has signed a definitive agreement to acquire a 100% equity stake in Cando Rail & Terminals Ltd from the rail freight group’s employees and private equity investor TorQuest. Manitoba-based Cando was founded in 1978 and now operates more than 40 industrial ...
-
-
NewsTMH to move rolling stock production
RUSSIA: An agreement for the development of an electric rolling stock factory in St Petersburg was signed by the city’s government and Transmashholding during June. The cost of at least 3bn roubles will be financed by TMH, which expects to create more than 1 000 new ...
-
NewsTaking pantograph monitoring to the Americas
INTERNATIONAL: Ricardo and PantoInspect have formed a strategic alliance to supply PanMon pantograph monitoring technology in the Americas, building on its use in Europe, Australia and Africa. PanMon uses high-definition cameras and lasers above or adjacent to the track to scan passing pantographs at 3 000 ...
-
