Alstom and the Fonds Stratégique dInvestissement (FSI) submit an acquisition offer of Translohr that preserves the activity of the company and its jobs
Alstom and the Fonds Stratégique dInvestissement (FSI) announced on 10 April that they had decided to study the acquisition of Translohr, a division of Lohr Industrie specialised in rubber-tyred trams.
Following an in-depth analysis (due diligence), the commercial and financial situation of Translohr appeared much more difficult than described by the owner.
Alstom and the FSI have nonetheless confirmed their intention to acquire Translohr. They made a firm offer that, if accepted, would ensure the sustainability of its activity in Alsace, maintain employment, allow the execution of on-going public transport projects and develop its technology. It would be accompanied by the investments requested to safeguard its future. Finally, it would allow Lohr Industrie to pursue its own business. Alstom and the FSI hope that this offer will be accepted quickly.
FSI Press Contact
Elise Hermant Euro RSCG C&O- Tél : +33 (0)1 58 47 84 09