Patriot Rail signs deal to acquire short line operator SLGW
Patriot Rail Company in the US has signed an agreement to acquire short line operator Salt Lake Garfield & Western…
26 Oct 2020
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…
21 Oct 2020
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…
14 Oct 2020
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.…
17 Sep 2020
Alstom signs deal to acquire Bombardier rail unit with revised terms
Alstom has signed the sale and purchase agreement to acquire Bombardier's rail division Bombardier Transportation with revised price terms. The company signed the deal with Bombardier and Caisse de dépôt…
17 Aug 2020
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.…
11 Aug 2020
Touax Rail signs agreement to boost capital with DIF Capital Partners
Touax SCA subsidiary Touax Rail has entered an agreement with DIF Capital Partners to boost its capital by €81.9m to increase the development of its long-term leasing activities of freight…