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Alstom Completes Divestment of its Coradia Polyvalent Platform, its Reichshoffen Production Site in France and its TALENT 3 Platform - Alstom announced today that it has concluded the divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT 3 platform, currently developed in Hennigsdorf, Germany to CAF - Alstom.com
Alstom Completes Divestment of its Coradia Polyvalent Platform, its Reichshoffen Production Site in France and its TALENT 3 Platform

 

NewswireToday - /newswire/ - Paris, Ile-de-France, France, 2022/08/01 - Alstom announced today that it has concluded the divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT 3 platform, currently developed in Hennigsdorf, Germany to CAF - Alstom.com. FR0010220475; ALO

   
 
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• Closing of transaction with CAF required by the European Commission in relation to the acquisition of Bombardier Transportation;
• Completion of the divestment commitments for the clearance of the Alstom/Bombardier transaction by the European Commission.

The transaction is part of Alstom’s commitments to the European Commission in relation to Alstom’s acquisition of Bombardier Transportation.

To ensure a seamless transition, Alstom will honour its remaining obligations under existing orders for TALENT 3; and will operate in consortium with CAF to fulfil existing contracts for rolling stock delivery from the Reichshoffen site.

The transaction complies with all applicable social processes and consultations with employee representative bodies and was subject to regulatory approvals. Alstom wishes to thank the local teams for their ongoing contributions to its success over the last decades.

Finally, this milestone signals the completion of the divestment commitments to the European Commission for their clearance of the Alstom/Bombardier transaction.

About Alstom

Leading societies to a low carbon future, Alstom (alstom.com) develops and markets mobility solutions that provide sustainable foundations for the future of transportation. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. 150,000 vehicles in commercial service worldwide attest to the company’s proven expertise in project management, innovation, design and technology. In 2021, the company was included in the Dow Jones Sustainability Indices, World and Europe, for the 11th consecutive time. Headquartered in France and present in 70 countries, Alstom employs more than 74,000 people. The Group posted revenues of €15.5 billion for the fiscal year ending on 31 March 2022.

Press contact: Eric Prud'homme
P: +49(0)152 545 39436 - E: eric.prud-homme[.]alstomgroup.com.

Investor relations: Martin Vaujour
P: +33(0)6 88 40 17 57 - E: martin.vaujour[.]alstomgroup.com.

 
 
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Written by / Agency / Source: ALSTOM Group

 
 

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Alstom Completes Divestment of its Coradia Polyvalent Platform, its Reichshoffen Production Site in France and its TALENT 3 Platform

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Publisher Contact: Coralie Collet - AlstomGroup.com 
+33(0)7 63 63 09 62 coralie.collet[.]alstomgroup.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ALSTOM Group securities in any jurisdiction including any other companies listed or named in this release.

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