{"id":7587,"date":"2020-02-17T21:49:36","date_gmt":"2020-02-18T03:49:36","guid":{"rendered":"http:\/\/planesintheair.com\/?p=7587"},"modified":"2020-02-17T21:49:36","modified_gmt":"2020-02-18T03:49:36","slug":"acquisition-of-bombardier-transportation-accelerating-alstoms-strategic-roadmap","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=7587","title":{"rendered":"Acquisition of Bombardier Transportation: Accelerating Alstom\u2019s Strategic Roadmap"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"500\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/Crossrail_March_2014.jpg\" alt=\"\" class=\"wp-image-7589\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/Crossrail_March_2014.jpg 1000w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/Crossrail_March_2014-300x150.jpg 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/Crossrail_March_2014-768x384.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>A step-change acquisition to address the ever-increasing demand for sustainable mobility<\/li><li>Excellent strategic rationale bringing to Alstom:<br>&#8211; Strong commercial and product complementarities<br>&#8211;\u00a0Strengthened product lines and strategic industrial capacity<br>&#8211;\u00a0Leading portfolio offering and R&amp;D capabilities<\/li><li>Acquisition price from \u20ac5.8bn to \u20ac6.2bn<\/li><li>CDPQ to become the largest shareholder of Alstom with c.18% of the capital<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"251\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/6a00d8341c4fbe53ef022ad390e544200d-550wi.jpg\" alt=\"\" class=\"wp-image-7594\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/6a00d8341c4fbe53ef022ad390e544200d-550wi.jpg 550w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/6a00d8341c4fbe53ef022ad390e544200d-550wi-300x137.jpg 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Alstom announces today that it has signed a Memorandum of Understanding with Bombardier Inc. and Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (\u201cCDPQ\u201d) in view of the acquisition of Bombardier Transportation. Post-transaction, Alstom will have a backlog of around \u20ac75bn and revenues around \u20ac15.5bn. The price for the acquisition of 100% of Bombardier Transportation shares will be \u20ac5.8bn to \u20ac6.2bn\u00a0which will be paid via a mix of cash and new Alstom shares. CDPQ will reinvest c.\u20ac2bn corresponding to 100% of cash proceeds to be received from the sale of its stake in Bombardier Transportation and further invest \u20ac0.7bn\u00a0in Alstom, outlining its strong belief in the strategic rationale and value creation potential of the combination.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI\u2019m very proud to announce the acquisition of Bombardier Transportation, which is a unique opportunity to strengthen our global position on the booming mobility market. This acquisition will improve our global reach and our ability to respond to the ever-increasing need for sustainable mobility. Bombardier Transportation will bring to Alstom complementary geographical presence and industrial footprint in growing markets, as well as additional technological platforms. It will significantly increase our innovation capabilities to lead smart and green innovation. We will be thrilled to welcome all the talent and energy of Bombardier Transportation employees. We are deeply committed to step up the turnaround of Bombardier Transportation activities and deliver significant value to all stakeholders, particularly our customers. We will also further develop Bombardier Transportation\u2019s historical presence in Qu\u00e9bec, drawing on Qu\u00e9bec\u2019s well-established strengths in innovation and sustainable mobility. We are pleased to welcome CDPQ as a new long-term shareholder. CDPQ is fully supportive of the transaction and Alstom\u2019s strategy.\u201d said Henri Poupart-Lafarge, Chairman and CEO of Alstom.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"527\" height=\"397\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/bombardiers-chinese-jv-wins-contract-for-160-highspeed-trains-from-china-railway.jpg\" alt=\"\" class=\"wp-image-7591\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/bombardiers-chinese-jv-wins-contract-for-160-highspeed-trains-from-china-railway.jpg 527w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/bombardiers-chinese-jv-wins-contract-for-160-highspeed-trains-from-china-railway-300x226.jpg 300w\" sizes=\"auto, (max-width: 527px) 100vw, 527px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A step-change acquisition<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Alstom and Bombardier operate in a very positive market environment with passenger traffic expected to grow between 3% to 5% annually over the 2015-2025 period and global rail OEM market expected to achieve a +3.0% CAGR between 2021-2023. The dynamic is driven by urbanisation trend and a strong push for decarbonation of mobility. In Europe, the European Commission has set very ambitious targets in terms of CO2 reduction and several countries have announced large investments in rail.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Alstom is a preeminent rail equipment player with an industry-record backlog of \u20ac40bn and \u20ac8.1bn of annual sales as of 31-Mar-2019. Over the period 2016-2019, Alstom delivered strong sales development with an average annual growth of 5.5% outperforming the market, and significantly improved profitability (up to 7.5% adjusted EBIT margin).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bombardier Transportation is a reference player in global rail transportation with a \u20ac32bn backlog and \u20ac7.4bn sales as of December 2019. With a track record of market leadership and a strong expertise, Bombardier Transportation offers a broad product portfolio across all market segments and has a well-balanced industrial footprint between best-cost and high-tech countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Click the link for the full press release! <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.alstom.com\/press-releases-news\/2020\/2\/acquisition-bombardier-transportation-accelerating-alstoms-strategic\" target=\"_blank\">https:\/\/www.alstom.com\/press-releases-news\/2020\/2\/acquisition-bombardier-transportation-accelerating-alstoms-strategic<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"598\" height=\"336\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/Bombardier-Adelaide-A-City-EMU.jpg\" alt=\"\" class=\"wp-image-7588\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/Bombardier-Adelaide-A-City-EMU.jpg 598w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/02\/Bombardier-Adelaide-A-City-EMU-300x169.jpg 300w\" sizes=\"auto, (max-width: 598px) 100vw, 598px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Alstom announces today that it has signed a Memorandum of Understanding with Bombardier Inc. and Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (\u201cCDPQ\u201d) in view of the acquisition of Bombardier Transportation. Post-transaction, Alstom will have a backlog of <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5637,8475,8222,5992,7417,8865,2303,5878,7929,2203,4957,10194,4059,5676,7383,10169,10458,1210,10176,1397,7658,4017,10195,10171,868,10182,1103],"tags":[10449,3648,3342,52,9395,5838,1327,1563,3516,10452,10457,6882,1661,1767,1180,1915,2927,1662,1148,1843,540,1567,5347,3113,412,9675,5376,6075,4167,10432,10453,2902,10451,10450,2268,3719,2820,4307,4701,10454,7955,1691,1658,10456,5348,10455],"class_list":["post-7587","post","type-post","status-publish","format-standard","hentry","category-business-news","category-canadian-news","category-consumer-news","category-economic-news","category-electric-bus-news","category-electric-car-news","category-electric-vehicle-news","category-environmental-news","category-european-news","category-finance-news","category-global-politics","category-green","category-green-energy-news","category-international-news","category-light-rail-news","category-news","category-railroad","category-railroad-news","category-stock-news-2","category-stock-news","category-subway-news","category-train-news","category-transport","category-transportation","category-transportation-news","category-travel","category-travel-news","tag-accelerating","tag-acquisition","tag-alstom","tag-bombardier","tag-booming","tag-capabilities","tag-capacity","tag-commercial","tag-commission","tag-complementarities","tag-decarbonation","tag-employees","tag-energy","tag-europe","tag-european","tag-global","tag-green","tag-industrial","tag-innovation","tag-largest","tag-lines","tag-market","tag-memorandum","tag-mobility","tag-news","tag-platforms","tag-position","tag-presence","tag-product","tag-quebec-2","tag-rd","tag-rail","tag-rationale","tag-roadmap","tag-shareholder","tag-smart","tag-strategic","tag-strong","tag-sustainable","tag-talent","tag-technological","tag-transport","tag-transportation","tag-trend","tag-understanding","tag-urbanisation"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7587"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7587\/revisions"}],"predecessor-version":[{"id":7595,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7587\/revisions\/7595"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}