Tag: Andrew Barr

Hitachi Rail acquires Thales’ Ground Transportation Systems business

Hitachi Rail agreed to acquire Thales’ Ground Transportation Systems (GTS) business for an enterprise value of €1,660 m (~¥215 bn). GTS, a division of Thales, is a global leader in Rail Signalling and Train Control Systems, Telecommunications and Supervision systems and Fare collection solutions. In FY2020, GTS generated €1.6bn of revenues and today employs around…