Alstom, a global leader in sustainable mobility solutions, has completed the sale of its North American conventional signalling business to Knorr-Bremse AG. This move is a key part of Alstom’s strategy to strengthen its financial position and ensure long-term stability. Despite the sale, Alstom remains committed to the North American market, continuing to provide advanced signalling solutions and investing in local manufacturing and technological innovation.
Results for: Knorr-Bremse
Alstom has sold its North American conventional rail signaling business to Knorr-Bremse for ~€630M ($670.5M) as part of its deleveraging plan. The sale will enable Knorr-Bremse to enter the “highly attractive” control, command and signaling segment and become a leader in the U.S. market.