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Knorr-Bremse acquires Alstom's North American signal business for approximately $690 million

Sep 03, 2024over 1 year ago

Acquiring Company

Knorr-Bremse

Acquired Company

Alstom

Saint Ouen Sur Seinetransportation/trucking/railroadTransportation

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.

Company Information

Company

Knorr-Bremse

M&A Insights

Based on deal data
Integration 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