Alstom Aquires Bombardier Transportation

[Ron Ron Ron]

10 hours ago, mdvle said:

 

.........and unlike a Bombardier jet program it is unlikely that Airbus sees any long term benefit in developing further aircraft in Montreal when the French / German governments and unions will apply pressure to keep further stuff in Europe.

 

Note that Airbus have final production facilities in Mobile, Alabama and Tianjin in China, where they carry out final assembly of A320 family airliners.

They are now producing the A220 alongside their North American A320 production line in Mobile.

Airbus have continued to invest in and develop manufacturing and production facilities across the USA, accounting for an increasing share of their total output.

Mirabel might not get future programmes, but the A220 line is set to continue for quite a few years to come.

 

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[Ron Ron Ron]

.....Getting back onto the subject of the take over of Bombardier Transportation, Alstom; there has been no response to my mention of the HS2 train bid.

 

When this take-over is completed, Alstom will be running 2 out of the 5 bids for the first contract for HS2 trains . Their own bid and the Bombardier + Hitachi join bid.

 

When 2 of the shortlisted 5 bidders joined forces (Bombardier and Hitachi), one of the unsuccessful applicants, CAF, were invited to take part to maintain 5 bidders in the competition.

It will be interesting to see how that pans out.

 

 

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[mdvle]

3 hours ago, Ron Ron Ron said:

.....Getting back onto the subject of the take over of Bombardier Transportation, Alstom; there has been no response to my mention of the HS2 train bid.

 

When this take-over is completed, Alstom will be running 2 out of the 5 bids for the first contract for HS2 trains . Their own bid and the Bombardier + Hitachi join bid..

 

My uniformed guess, nothing changes.

 

The bids were all submitted in June of last year, and thus we are simply in the judging of the bids process (or perhaps more likely in the "we have chosen a winner and are now working out the legalities prior to the announcement" phase).

 

 

 

 

 

[Ron Ron Ron]

As the winner is due to be announced within the next few months, I agree, it’s probably already reached, or is close to a decision.

It might not stop one of the other bidders calling foul though?

 

 

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[mdvle]

From the Toronto Star, article about reassurances given how heavily Bombardier is involved in transit in the Toronto area (just finished a troublesome and delayed order for streetcars, best candidate for an additional 60 streetcars, maintains GO Transit's fleet of equipment, and several other projects)

 

Key quote is:

 

Quote

Bombardier spokesperson Sandra Buckler said in an email Tuesday that while the company has entered into a memorandum of understanding with Alstom, the sale of its rail division won’t be finalized until the two parties reach a definitive agreement and the deal clears regulatory approvals.

Buckler said the company expects that process to take a year to 15 months.

 

https://www.thestar.com/news/gta/2020/02/18/bombardier-says-sale-of-rail-division-will-have-no-impact-on-toronto-transit-projects.html

 

So there is still possibility this falls apart in addition to the regulatory issues.

[mdvle]

4 hours ago, Ron Ron Ron said:

As the winner is due to be announced within the next few months, I agree, it’s probably already reached, or is close to a decision.

It might not stop one of the other bidders calling foul though?

 

On what grounds?

 

The proposed sale to Alstom has no influence on the bids as submitted because they were all finalized and submitted 7+ months ago.  So there is no way for either Alstom or Bombardier/Hitachi to have gained an advantage/disadvantage in creating the bids.

 

The only thing(*) that would be grounds for a complaint/legal action would be if DfT/HS2 suddenly changed things now as a result of the proposed sale of Bombardier to Alstom.

 

* unless there is something specific in the bid's legal framework specifically outlining what happens if a company merges/gets sold/buys a competitor.

[Platform 1]

Rather odd that Auntie Beeb hasn't said a word about this proposed acquisition.  Plenty in other news outlets.

 

Incompetence or something more sinister (I know Hanlon's razor generally applies...)?

 

[rockershovel]

9 hours ago, Platform 1 said:

Rather odd that Auntie Beeb hasn't said a word about this proposed acquisition.  Plenty in other news outlets.

 

Incompetence or something more sinister (I know Hanlon's razor generally applies...)?

 

 

Why would you be surprised? The BBC seems, these days, to be a reiteration of the old Russian joke - that there is no news in The Truth (Pravda),  and no truth in The News (Isvestiya)

 

However the government might need to scratch their heads, a little. The French, German and Dutch governments don’t seem to have any problems supporting national manufacturing industries, but our lot don’t seem to have any grasp of the concept. However the French etc, aren’t engaging in massive publicity campaigns about “taking back control”... frankly, I’d rather work with the Japanese than the French or Germans, given the history of operations like Nissan, Hitachi and Honda, but the Honda / BAe episode mustn’t be repeated. 

 

 

[ess1uk]

has this gone through ?

[mdvle]

On 28/07/2020 at 09:38, ess1uk said:

has this gone through ?

 

EU makes a decision by Friday (assuming not delayed)

 

https://www.reuters.com/article/us-bombardier-m-a-alstom-eu-exclusive/exclusive-alstom-to-win-eu-antitrust-okay-for-bombardier-deal-sources-idUSKCN24S2CT

[ess1uk]

Approved by EU

https://www.railjournal.com/financial/ec-approves-alstoms-bombardier-transportation-acquisition/?utm_source=&utm_medium=email&utm_campaign=18584

[Ron Ron Ron]

In that article it says......

 

”Alstom committed to sell key product lines to assuage concerns raised by the EC on the effect of its acquisition of Bombardier Transportation on the European rail market, including:

 

a transfer of Bombardier Transportation’s contribution to the V300 Zefiro high-speed train and an offer of IP licence to Hitachi for the train co-developed by Hitachi and Bombardier Transportation for use in future high-speed tenders in Britain”

 

That transfer of Bombardier’s involvement in HS train development with Hitachi, would pull them out of the joint bid for the initial HS2 contract.

 

 

 

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[Mike Storey]

The takeover does mean, despite the sell-offs and transfers, that Alstom will become the second largest rolling stock manufacturer in the world, after CRRC. An order book of some 79 billion euros. Not a bad position to be in.

 

Still no clarity on what it means for Litchurch Lane though.

[ess1uk]

https://www.railtech.com/rolling-stock/2021/01/29/alstom-completes-bombardier-purchase-for-5-5-billion/?utm_source=newsletter&utm_medium=email&utm_campaign=Newsletter week 2021-05

 

takeover is completed

 

[ess1uk]

https://railuk.com/company-news/hitachi-to-acquire-bombardier-transportations-contribution-to-the-v300-zefiro-very-high-speed-train-from-alstom/

 

[woodenhead]

Hmm, the annoucement on the HS2 stock procurement is due, Talgo are already out, Siemens are in litigation and that leaves:

• Alstom
• CAF
• a joint venture between Bombardier and Hitachi

Alstom own Bombardier, so Hitachi are consolidating their high speed capabilities and that probably ends any partnership for HS2.  Looking at the three remaining companies - CAF haven't exactly covered themselves in glory recenty with their stock in the UK, so it's a two horse race with Hitachi surely favourites given they basically are the Government train builder of choice of any new long distance trains and have lots of experience of high speed in the UK market.

[mdvle]

1 hour ago, woodenhead said:

Hmm, the annoucement on the HS2 stock procurement is due, Talgo are already out, Siemens are in litigation and that leaves:

• Alstom
• CAF
• a joint venture between Bombardier and Hitachi

Alstom own Bombardier, so Hitachi are consolidating their high speed capabilities and that probably ends any partnership for HS2.  Looking at the three remaining companies - CAF haven't exactly covered themselves in glory recenty with their stock in the UK, so it's a two horse race with Hitachi surely favourites given they basically are the Government train builder of choice of any new long distance trains and have lots of experience of high speed in the UK market.

 

Hitachi though has also had issues with the Class 800s.

 

 

[surfsup]

On 03/12/2021 at 14:51, mdvle said:

 

Hitachi though has also had issues with the Class 800s.

 

 

And to a lesser extent the 385s and 395s. Siemens does I feel have a point with it's court case, though the ending of the former Bombardier / Hitachi JV may now weaken that case. Hopefully Hitachi's handling of the 80X case will be taken into consideration though - they really do seem to be becoming the problem of their own making that wont go away (I say that having used a number of short forms GW's yesterday). 

[ess1uk]

On 19/02/2020 at 15:40, Ron Ron Ron said:

As the winner is due to be announced within the next few months, I agree, it’s probably already reached, or is close to a decision.

It might not stop one of the other bidders calling foul though?

 

 

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Announced today