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CORRECTION: Alstom sells ownership of trains to Spanish CAF

Wednesday, 11/24/2021 3:24 PM from

dpa-AFX

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Rails in the track bed (symbolic image). © pixabay.com

(Headline and lead sentence have been corrected and the 2nd paragraph added to further details of the sale. This makes it clear that only property rights are affected.)

PARIS / HENNIGSDORF (dpa-AFX) – The French rail technology group Alstom sold after the takeover of Bombardier -Train division ownership rights to the trains previously manufactured at the Hennigsdorf plant near Berlin to the Spanish railway company CAF. The rights to the Talent 3 trains are affected, Alstom announced on Wednesday in Paris. The EU Commission had given up some activities to initiate the merger of Alstom with the Canadian rail giant Bombardier, Alstom justified the step. The ownership rights to the Coradia Polyvalent trains and the plant in Reichshoffen in Alsace will also be transferred to CAF.

As Alstom spokesman Stefan Brauße said, no parts of the factory or production halls in Hennigsdorf would be sold. “Nobody in production in Hennigsdorf is affected.” Only up to 25 engineers would switch to CAF. The last contracts for Talent 3 trains from the Bombardier takeover would be processed at the Alstom plant in Bautzen. Production of these trains has already been completed in Hennigsdorf. Various other train models are in production in Hennigsdorf.

In addition to investments in France, CAF also announced increased activities on the German market. The planned takeover is subject to the conclusion of social agreements, consultations with employee representatives and official approvals. The acquisition is expected to close between April and September 2022.

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