Thales reportedly plans to divest rail signalling business
French defence and aerospace group Thales is reportedly planning to put up its rail signalling business for sale for $1.8bn or more.
Deals
CSX concludes sale on initial phase of $525m rail deal with Virginia
Transportation company CSX has concluded the initial phase of a $525m rail deal with the...
Canadian Pacific Railway agrees to acquire Kansas City Southern
Canadian Pacific Railway (CP) has agreed to acquire Kansas City Southern (KCS) in a cash and stock deal of approximately...
Alstom completes acquisition of Bombardier Transportation
French rolling stock manufacturer Alstom has completed its previously announced acquisition of Bombardier’s rail business.
Iran’s Esfahan Steel signs agreement to export rail tracks to Afghanistan
The Iranian Steel Producers Association (ISPA) has announced that Esfahan Steel Company (ESCO) has signed a $4.332m deal to export...
Patriot Rail Company to acquire US short line operator SLGW
US-based Patriot Rail Company has enhanced its portfolio with the addition of Salt Lake Garfield & Western Railway (SLGW), a short line operator in Utah. The company has finalised the…
CSX to acquire regional railroad system Pan Am Railways
CSX has signed a definitive agreement to acquire Pan Am Railways, a US-based regional railroad system. The financial details of the agreement were not disclosed. Headquartered in Massachusetts, Pan Am…
Knorr-Bremse acquires additional stake in Rail Vision
Braking systems manufacturer Knorr-Bremse has bought an additional 19.8% stake in Israeli start-up Rail Vision in a $10m deal. Following the acquisition, Knorr-Bremse now owns a 36.8% stake in Rail…
Motherson Sumi Systems to acquire EWIS activities of Bombardier
Motherson Sumi Systems (MSSL) has signed an agreement to acquire Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) activities. The EWIS activities are carried out at the company’s manufacturing site in…
Rail Vision secures additional investment from Knorr-Bremse
Rail Vision, an affiliate of Foresight Autonomous Holdings, has secured additional investment from German company Knorr-Bremse. The Foresight-affiliate signed an agreement with Knorr-Bremse Systeme für Schienenfahrzeuge to secure $10m funding.…
UK’s Liberty Steel acquires French rail producer Hayange
UK-based company Liberty Steel has acquired French railway track manufacturer Hayange, which was previously a part of the British Steel group. The financial details of the acquisition were not disclosed.…
