Alstom, a global leader in smart and sustainable mobility solutions, has officially completed the sale of its North American conventional signalling business to Knorr-Bremse AG. This transaction, following a binding agreement signed in April 2024, marks a significant step in Alstom’s strategic plan to reinforce its financial position. This divestiture was a crucial component of Alstom’s comprehensive action plan, announced in November 2023, aimed at strengthening its balance sheet and ensuring long-term financial stability.
With the successful completion of this sale, alongside the implementation of other parts of the plan, Alstom has effectively stabilized its Investment Grade rating, reinforcing investor confidence in the company’s future. Despite this sale, Alstom remains committed to the North American market. The company will continue to provide advanced signalling solutions across various segments, including Communications-Based Train Control (CBTC) and European Train Control System (ETCS) technologies. These innovative systems are vital in enhancing the safety, efficiency, and sustainability of rail networks across the continent.
Alstom’s legacy in the U.S. spans over 170 years, making it a pivotal player in the country’s mobility landscape. The company has been instrumental in transferring technology and localizing manufacturing, which has led to the creation of numerous high-tech engineering and industrial jobs nationwide. Alstom’s extensive experience includes building and refurbishing rail cars and locomotives, supplying state-of-the-art signalling solutions, and delivering turnkey transit systems tailored to the specific needs of American cities, transit agencies, railroads, and airport transit systems.
To date, Alstom has delivered more than 12,000 new or renovated vehicles to U.S. customers and supplied over 50% of the signalling solutions for North America’s railroads. The company’s commitment to innovation and sustainability continues to drive its success in the region.
As Alstom navigates the evolving transportation landscape, the company remains focused on leveraging its expertise to meet the growing demands for sustainable mobility. The continued development and deployment of CBTC and ETCS systems are expected to play a pivotal role in the future of rail transportation in North America. Furthermore, Alstom’s ongoing investment in local manufacturing and technological innovation underscores its dedication to supporting the region’s transit infrastructure and job creation.
The company’s strategic decisions, such as this divestiture, position it well to maintain its leadership in the smart mobility sector, ensuring long-term growth and resilience in an increasingly competitive market.
