(Boursier.com) — Alstom announced on August 1 that it had completed the sale of its Coradia Polyvalent platform, its production site in Reichshoffen in France, and its TALENT3 platform, currently developed in Hennigsdorf in Germany, to CAF.
This transaction is part of the commitments made by Alstom to the European Commission as part of the acquisition of Bombardier Transportation.
In order to ensure a smooth transition, Alstom will continue to fulfill its obligations related to existing orders for TALENT3 and will work in consortium with CAF to fulfill existing contracts which provide for the delivery of rolling stock from the Reichshoffen site.
The transaction complies with all applicable social processes. It follows consultation with employee representative bodies and has been submitted for regulatory approval. Alstom would like to thank the local teams for their continuous contribution to the company’s success over the past decades.
This step puts an end to the divestments required by the European Commission to authorize Alstom to acquire Bombardier Transportation.
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