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Planned combination of the mobility businesses of Siemens and Alstom
On September 26, 2017 Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens' mobility business, including its rail traction drives business, with Alstom. The transaction brings together two innovative players of the railway market with unique customer value and operational potential. The two businesses are largely complementary in terms of activities and geographies. Siemens will receive newly issued shares in the combined company representing 50 percent of Alstom's share capital on a fully diluted basis.

On February 6, 2019 the European Commission has announced its decision to prohibit the proposed combination of the Siemens and Alstom mobility businesses. As a result of this prohibition, the merger will not proceed. Siemens and Alstom regret that the remedies they offered, including recent improvements, have been considered insufficient by the EU Commission.

Webcast

    

  • Joint Press Conference by Siemens and Alstom
    The Joint Press Conference with Joe Kaeser and Henri Poupart-Lafarge was broadcast live.
    Recording of the Press Conference

Event Pictures: Press conference Siemens and Alstom

Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens' mobility business, including its rail traction drives business, with Alstom. In a joint press conference the CEOs of the two companies, Joe Kaeser, Siemens AG (l.), and Henri Poupart-Lafarge from Alstom (r.), announced the creation of a European Champion in Mobility. With Siemens and Alstom two innovative players of the railway market join forces with comprehensive offering and a global presence.
Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens' mobility business, including its rail traction drives business, with Alstom. In a joint press conference the CEOs of the two companies, Joe Kaeser, Siemens AG, and Henri Poupart-Lafarge from Alstom, announced the creation of a European Champion in Mobility. With Siemens and Alstom two innovative players of the railway market join forces with comprehensive offering and a global presence.

Press Pictures

Velaro Eurostar e320 high-speed trains

Eurostar International Ltd. ordered a total of 17 interoperable 16-car high-speed trains from Siemens. The trains are based on the Velaro, the world's most diverse high-speed platform. All trains have been delivered and are in passenger service. The trains, designated as the "e320" by Eurostar, operate on the routes London-Paris, London-Brussels and London-Amsterdam via Brussels, thus not only linking the European continent with the United Kingdom, but serving four European capitals.
With a maximum output of 16,000 kW, the Eurostar e320 (Class 374) has a top speed of 320 km/h. Compared to earlier models, the e320 has over 20 percent more capacity and can carry 900 passengers. With its overall length of 400 meters, the e320 is the longest trainset in the Velaro family.

Prototype of the Rhine-Ruhr Express presented

The Rhine-Ruhr express has been a long-cherished dream to bring a new quality of life to the metropolitan region. A dream is now due to become reality in the near future, with fast, comfortable trains running through the urban landscape at 15 minute intervals during peak travel times in a rail network running right across North Rhine-Westphalia, and extending up the Rhine to Koblenz and as far east as Kassel. Siemens will not only supply the trains, but has also been contracted to maintain them for the next 32 years to ensure that the fleet is available every day.

Creating a European Champion in Mobility

Press Release12 December 2018

Siemens and Alstom submit remedy package to European Commission

Press Release30 May 2018

Planned combination of Siemens Mobility and Alstom reaches further milestones

Further Information

Joe Kaeser

President and CEO

Henri Poupart-Lafarge

Chairman and Chief Executive Officer of Alstom

Contact

Robin Zimmermann

Siemens AG

+49 (89) 636-22804

Richard Speich

Siemens AG

+49 (89) 636-30017

Philipp Encz

Siemens AG

+49 (89) 636-32934

Justine Rohée

Alstom SA

+ 33 (1) 57 06 18 81

Christopher English

Alstom SA

+ 33 (1) 57 06 36 90

Link to this page
www.siemens.com/press/alstom