Final regulatory nod secured for $31bn CP-KCS merger
The $31bn merger deal of Canadian Pacific Railway (CP) and Kansas City Southern (KCS) has received the green light from…
02 Mar 2023
Knorr-Bremse buys rail services provider Westcode UK
Germany-based Knorr-Bremse has purchased Westcode UK from Unipart Rail to bolster its train system service business in the UK. Specifics of the deal consideration were not revealed, other than the…
17 Feb 2023
GWR buys Vivarail’s battery train-linked assets
British train operating company Great Western Railway (GWR) has concluded the acquisition of multiple assets from battery and hybrid trains manufacturer Vivarail. GWR reached contracts to purchase intellectual property, rolling…
17 Feb 2023
WiseTech buys rail tech firm Blume Global for $414m
Logistics software company WiseTech Global has struck a $414m deal to buy rail solutions provider Blume Global. The rail solutions company is being purchased from funds managed by Apollo, EQT…
26 Jan 2023
ATASU, Skinest Rail buy next batch of wagons from Operail
Kazakhstan-based ATASU Group and Estonia's Skinest Rail have acquired the next batch of 807 rental wagons from Operail Leasing for €22.1m in an auction. The contract with two subsidiaries of…
18 Jan 2023
DB mulls reviving plans to divest Arriva transport business
German national rail operator Deutsche Bahn (DB) is looking to revive a sale of Arriva, its subsidiary for regional passenger transport outside Germany, reported Bloomberg. Citing people privy to the…
16 Jan 2023
Nurminen Logistics to buy Operail’s Finnish rail freight operations
Estonian state-run logistics company Operail has agreed to offload its Finnish freight transport services to Nurminen Logistics for €27.7m. A purchase and sale contract has been signed in this regard.…