Alstom, a leading manufacturer of trains and signalling equipment, has recently made a significant business move by selling its North American conventional signalling business for approximately $670 million. The sale was finalized with Knorr-Bremse, a global leader in braking systems for rail and commercial vehicles.
This strategic decision by Alstom is part of its ongoing efforts to streamline its operations and focus on core business areas. By divesting its conventional signalling business in North America, Alstom aims to optimize its resources and enhance its competitiveness in the rapidly evolving rail industry.
