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Mergers and acquisitions
March 21, 2023
|
Freight
CP and KCS will officially merge on April 14
New CPKC management team is already in place.
February 22, 2023
|
Financial
IRJ News in brief - Financial and Market
South Western Railway contract extended, Škoda Group acquires Austrian subsidiary, Ensco expands in Brazil, DSB records mixed results and SBB and SOB cooperation strengthens.
December 23, 2022
|
Policy
Supreme Rail merger with Korail postponed
Impact of Covid-19 on passenger traffic has prevented full analysis.
December 21, 2022
|
Financial
Salcef Group reaches agreement to acquire track works business FVCF
Deal including machinery and qualified personnel will give the group a strong presence in Southern Italy.
December 15, 2022
|
Freight
US short line Regional Rail to expand
US short line Regional Rail to expand.
December 9, 2022
|
Financial
Hitachi’s acquisition of Thales' signalling division delayed to summer 2023
Review by Britain’s Competition and Markets Authority has pushed back completion from March-April 2023.
December 9, 2022
|
Freight
NS purchases Cincinnati Southern Railway
Acquisition for $US 1.62bn replaces NS lease on 539.2km railway.
November 19, 2022
|
Financial
Wabtec buys Super Metal of Brazil
Super Metal is a leading supplier of track maintenance equipment.
August 12, 2022
|
Financial
Colas Rail signs a deal to acquire Hasselmann Group
Purchase of rail infrastructure group will provide Colas Rail with a foothold in the German market.
August 11, 2022
|
Financial
Aurizon reports keen interest in East Coast Rail sale
Non-binding offers to be submitted in September.
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