Agency / Source: ALSTOM Group

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Alstom Expands its Expertise in Braking Systems with the Acquisition of Ibre - Alstom is taking a new step forward in the implementation of its AiM (Alstom in Motion) strategic plan in France with the acquisition of Ibre - Ibre.fr / Alstom.com
Alstom Expands its Expertise in Braking Systems with the Acquisition of Ibre

 

PRZOOM - /newswire/ - Paris, Ile-de-France, France, 2020/07/01 - Alstom is taking a new step forward in the implementation of its AiM (Alstom in Motion) strategic plan in France with the acquisition of Ibre - Ibre.fr / Alstom.com. FR0010220475; ALO

   
 
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Alstom is taking a new step forward in the implementation of its AiM (Alstom in Motion) strategic plan in France with the acquisition of Ibre (ibre.fr), a company specialised in the development, manufacture and supply of cast iron or steel brake discs for high-speed, intercity, regional and suburban trains, trams and metros. Alstom and Ibre already had a long working relationship on projects for SNCF.

With the acquisition, Alstom (alstom.com) will reinforce its internal capabilities regarding railway braking systems, which are essential to the overall dynamic performance of trains.

Ibre employs around 30 people at its Sens site in the region of Bourgogne Franche Comté and had a turnover of approximately €10 million in 2019. It is a company with an international scope, with more than half of its sales in France, of both original equipment and replacements. The rest primarily serves customers in Austria, Australia, Belgium, Scandinavia, England, India and Germany.

"This acquisition represents very promising development potential for Ibre and its employees and is in line with Alstom’s strategy to extend its know-how," says Jean-Baptiste Eyméoud, Senior Vice President Alstom France.

Railway brake discs are one of the critical components of the braking system. Alstom's acquisition of Ibre represents a unique opportunity to extend its offer. Ibre products will be offered as original equipment and as part of maintenance contracts. Following completion of the transaction, which took place on 30 June, the company, renamed "Alstom Ibre", becomes a wholly owned subsidiary of Alstom.

Contacts:
Samuel Miller - Press
T: +33(0)1 57 06 67 74 - E: samuel.miller[.]alstomgroup.com.

Julie Morel - Investor relations
T: +33(0)6 67 61 88 58 - E: julie.morel[.]alstomgroup.com.

Claire Lepelletier
T: +33(0)6 76 64 33 06 - E: claire.lepelletier[.]alstomgroup.com.

 
 
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Agency / Source: ALSTOM Group

 
 

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Alstom Expands its Expertise in Braking Systems with the Acquisition of Ibre

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Braking Systems | Alstom
Contact: Coralie Collet - AlstomGroup.com 
+33(0)1 57 06 18 81 coralie.collet[.]alstomgroup.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ALSTOM Group securities in any jurisdiction including any other companies listed or named in this release.

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