Industry News

first_imgGreat Britain: ATA Group plc is to acquire Catalis Group Ltd, including Catalis Rail Training Ltd and Rail Training Audit Services Ltd. The acquisition was expected to be completed by October 31.International: Panrail of Austria, McIntire Group of the USA, Multi-Technologies Group of Great Britain, IED International of France and Fertrading of Italy have formed Rail Strategy Group to provide consulting and equipment strategies on a global basis. With its headquarters in Switzerland, the group is recruiting partners in Brazil, China, South Africa and Thailand.Italy: Alstom announced on October 18 that it had completed the acquisition of a 51% stake in Fiat Ferroviaria, following European regulatory approval. The transaction involved a cash payment of 147m euros and the assumption of 45m euros of debt.Poland: The government has approved the privatisation of tank wagon leasing company Dyrekcja Eksploatacji Cystern.last_img