Alstom : Bombardier Transportation (BT) has been acquired: vast recovery potential for NewCo
>Deal closed out on the scheduled date - Alstom was able to complete the deal on 29 January, resulting in the creation of the international railway leader with 75,000 employees, a combined backlog of € 71bn and pro-forma 2020 sales of € 15.7bn. According to UNIFE, the rail market is expected to grow by 2.3% per year out to 2025, but growth should be more sustained in 2021 and 2022. Alstom will therefore start working on turning around BT, which had robust margins unti...Alstom serves the power generation and transmission markets, and rail transport market. Co.'s activities are divided into four sectors: the Thermal Power Sector (Co. offers power generation solutions using gas or coal to services including plant modernization, maintenance and operational support); the Renewable Power sector offers EPC solutions, turbines and generators, control equipment and maintenance for Hydropower and Wind power activities; the Grid Sector designs and manufactures equipment and turnkey solutions to manage power grids and transmit electricity from the power plant to the large end-user; and the Transport Sector provides rail transport products, systems and services.
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