Alstom has completed its acquisition of Swedish rolling stock refurbishment and heavy maintenance specialist Motala Train.
Motala Train has annual turnover of approximately €15m and employs 73 staff, most of them are based at its 5,600m² site of fully equipped workshops in Motala, south of Stockholm.
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In 2013, the company opened a second depot in Västeras, north-west of Stockholm, close to major traffic lanes.
The acquisition, which makes Alstom the sole owner of the company, is not subject to anti-trust clearance by competition authorities and comes into immediate effect.
The deal strengthens Alstom’s presence in the services business in Sweden and conforms to the company’s global strategy of regional growth and localisation.
Alstom noted that the new asset will help provide services to Swedish railway operators for the complete refurbishment of their rolling stock fleet, including the renovation of interiors and upgrades to major technical systems.
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By GlobalDataThe refurbishment accounts for around 70% of Motala Train’s turnover, with other activities include heavy maintenance such as contractual overhauls of trains, crash and damage repair services, and repair work, including welding, electrical, painting or heavy mechanical assembly.
Alstom Transport Nordics managing director Per Öster said: "The Swedish railway market has shown strong growth over the last decade, generating broad opportunities not only for trains but also for associated services.
"To be closer to its customers, Alstom has decided to further invest in the country. We know we can rely on a highly skilled workforce here in Motala to execute the current contracts and seize the new opportunities to come."
In addition, the company has opened a new €15m maintenance facility for electric passenger trains and locomotives in Braunschweig, Germany.
The extended Braunschweig facility includes two additional maintenance workshops equipped with electrified tracks, a turning lathe and a train washing system.
The company has also signed a 15-year deal to execute the external cleaning of the WestfalenBahn trains, serving the lines of Rheine-Braunschweig and Bielefeld-Braunschweig.
Image: Alstom acquires Sweden-based Motala Train. Photo: courtesy of Alstom Transport.
