Rail News

a month ago

Hitachi Rail pays €1,660 million to acquire Thales' Ground Transportation Systems

31 May 2024 (London, UK)

With the completion of its €1,660 million acquisition of Thales' Ground Transportation Systems (GTS) division, 
Hitachi Rail has expanded its worldwide footprint to 51 countries and now generates most of its revenue from higher-return signaling and systems.

After the closure, 9,000 highly qualified coworkers join Hitachi Rail, bringing the company's total workforce to 24,000.

Hitachi Rail's engineering capacity will nearly double as result of the deal, and the company will invest more in innovation to offer wider range of digital products, including ticketing, operations, signalling, and cyber security solutions.

Source
https://www.hitachirail.com/press/#/pressreleases/hitachi-rail-acquires-thales-ground-transportation-systems-for-eu1660m-3326701

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