Alstom has completed the acquisition of Bombardier Transportation. The enlarged group has a combined proforma revenue of around €15.7bn and a €71.1bn combined backlog. According to estimates, the rail manufacturing market will grow at a CAGR of 2.3% by 2025. Although the Alstom Group already has an established customer base in France, Italy, Spain, India, Southeast Asia, Northern Africa and Brazil, Bombardier Transportation will bring strong customer proximity in strategic markets such as the UK, Germany, the Nordics, China and North America.

The employees of Bombardier Transportation joined the Alstom Group on 29 January. These new talents will enrich Alstom’s operational profile at all levels and build, with Alstom’s employees, one agile, inclusive and responsible team. In total, the group has 75,000 employees in 70 countries.

Alstom has confirmed its objective to generate €400m cost synergies on an annual run rate basis by the fourth to fifth year, and restore Bombardier Transportation’s margin to a standard level in the medium term.

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