Knorr-Bremse acquires Alstom's North American signal business for approximately $690 million
Sep 03, 2024•over 1 year ago
Acquiring Company
Knorr-Bremse
Acquired Company
Alstom
Description
Alstom has completed the sale of its North American signal business to Knorr-Bremse for approximately $690 million. This acquisition is part of Alstom's plan to divest itself of some €2 billion in assets to address cash-flow issues resulting from the 2021 acquisition of Bombardier.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed