Corporate News: Hitachi’s rail business expansion in Europe

Hitachi's trains (source: Hitachi.com)

Hitachi’s trains (source: Hitachi.com)

 

Hitachi Ltd’s has agreed to buy the rail signaling business of Italy’s Finmeccanica SpA in its largest overseas purchase ever. It will boost the company’s European manufacturing base, following its previous rail business expansion in the UK.

Read: “Hitachi trains push into Europe to challenge Siemens, Alstom”

http://www.japantimes.co.jp/news/2015/02/25/business/corporate-business/hitachi-trains-push-into-europe-to-challenge-siemens-alstom/#.VPMeqOk3PIU

Read:  “Hitachi agrees to buy two Finmeccanica rail businesses”

http://www.japantimes.co.jp/news/2015/02/24/business/corporate-business/hitachi-nears-%c2%a5250-billion-purchase-of-italys-finmeccanica-rail/#.VPMeNOk3PIU

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