March 30, 2015
Corporate News: Hitachi’s rail business expansion in Europe
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”
Read: “Hitachi agrees to buy two Finmeccanica rail businesses”