Alstom and the FSI are studying the acquisition of 85% of Translohr
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Posted: 10 April 2012 | Alstom | No comments yet
Translohr specialises in the manufacture and marketing of tyre-based trams…
Alstom and the Fonds Stratégique d’Investissement (Strategic Investment Fund) are studying the joint purchase of 85% of Translohr, a Lohr group brand which specialises in the manufacture and marketing of tyre-based trams. Lohr SA, the parent company of the Lohr Industries group, would retain a 15% shareholding. The total amount of the deal would be around €60M.
Once the discussions finalised, the project would be subject to information of the different employee representative bodies and the approval of the European competition authorities.
The industrial operations of the Translohr business are based at Duppigheim, Alsace in France. The contemplated acquisition would ensure the long-term future of Translohr’s activity at Duppigheim and the continuation of a specialist public transport equipment business in France.. Translohr could take advantage of Alstom Transport’s commercial network to offer its solution anywhere it meets the requirements of municipalities. The company could also benefit from Alstom Transport’s support in the areas of project management and industrial expertise, as well as its purchasing power.
The Translohr product is a light tyre-based tramway, 25 to 46 metres long depending on the version, with a central steering system on each axle connected to the guiding rail. It can reach a speed of 70 km/h and climb 13% gradients.
Since its launch, 150 Translohr tyre-based tramway have been sold worldwide – in France (Clermont-Ferrand, Paris region), Italy (Padua, Venice-Mestre), China (Shanghai, Tianjin) and Colombia (Medellín). The Translohr tramway is currently in service in five cities: Clermont-Ferrand, Padua, Venice-Mestre, Shanghai and Tianjin.