Mergers and acquisitions Archives - Page 9 of 19 - International Railway Journal

Mergers and acquisitions

August 4, 2021 | Financial

Hitachi Rail to acquire Thales Ground Transportation Systems

€1.66bn deal includes mainline and urban rail signalling business and is expected to be completed by the end of 2022.

June 14, 2021 | Financial

Wegh buys IPA Ferroviaria

Acquisition strengthens the track supplier’s sleeper portfolio.

June 10, 2021 | Financial

Timetable for CN and KCS merger review revealed

Canadian Pacific raises concerns over planned CN and KCS merger

May 24, 2021 | North America

Kansas City Southern board accepts CN’s merger proposal

It looks as though the battle between CP and CN for control of US Class 1 railway Kansas City Southern is finally over after KCS accepted CN’s offer on May 21.

April 9, 2021 | Financial

Alstom completes Helion Hydrogen Power and Flertex acquisitions

The companies will enhance the supplier’s expertise in hydrogen fuel cell power and braking systems.

April 1, 2021 | Financial

Hitachi Rail completes Perpetuum acquisition

The deal will expand Hitachi’s digital capabilities.

March 23, 2021 | North America

Wabtec acquires Nordco from Greenbriar Equity

The company will join Wabtec’s Freight Services group.

March 21, 2021 | Financial

Canadian Pacific and Kansas City Southern agree merger

The $US 29bn combination of the two smallest Class 1s will create a Canada - United States - Mexico rail freight network.

March 1, 2021 | Australia/NZ

Stantec acquires GTA Consultants

The Australian firm will expand Stantec’s presence in Australia and New Zealand.

February 22, 2021 | Middle East

Saudi Arabia approves merger of country’s two railways

Saudi Railways Organisation is to be merged into Saudi Railways (SAR).

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