ALSTOM disposes of its automation activity

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In line with ALSTOMs declared strategy to dispose of
non-core industrial businesses, the Company today announced
that it had completed the sale of its Automation activity. This
transaction takes the form of a management buy out backed by
Gresham Trust who are taking a majority stake in the
business.

ALSTOM Automation, with annual sales of approximately 200
million euros and 950 employees located in the United Kingdom,
France and Spain, provides specialised materials handling
solutions and services for customers throughout the world for
airport, power, defence and a broad range of logistics
applications.

Gresham Trust is a member of the Zurich Financial Services
Group.

With this latest transaction, ALSTOM has now disposed or
concluded agreements for the disposal of businesses with
aggregate sales of approximately 800 million euros.

ALSTOM is organised in 6 sectors : Power, Transmission and
Distribution, Transport, Power Conversion, Marine and
Contracting, all of these being supported by the ALSTOM
Network.

ALSTOM offers a complete range of systems, components and
services covering design and manufacture as well as
commissioning and long-term maintenance and has unique
expertise in systems integration and management of turnkey
projects.

 

Press enquiries:

G. Tourvieille / S. Gagneraud (Tel. +33 1 47 55 22 71)

gilles.tourvieille@chq.alstom.com/severine.gagneraud@chq.alstom.com

Investor Relations:

H. Green (Tel. +33 1 47 55 25 78)

investor.relations@chq.alstom.com