24 April 2012 Alstom to acquire Translohr?

Alstom and the French Strategic Investment Fund are studying a joint acquisition of 85% of French rubber-tyred tram manufacturer Translohr. Parent company Lohr SA will retain 15%, with the total deal at EUR60m.
Analysts suggest Translohr could benefit greatly from such a deal, with Alstom’s commercial network and support in areas of project management and industrial expertise, including its purchasing power.