Knorr-Bremse AG, the Germany based manufacturer of braking systems for rail and commercial vehicles, has acquired the North American conventional rail signalling technology business of Alstom, the France based multinational rolling stock manufacturer which operates worldwide in rail transport markets, for a purchase price of around EUR 630m.
- Target – Alstom (alstom Signaling North America)
- Buyer – Knorr-bremse aktiengesellschaft
- Seller – Alstom holdings