Alstom sells German rail factory to KNDS

Alstom to sell German plant to defence equipment maker KNDS
French train maker Alstom has agreed to sell its Görlitz plant in Germany to defence equipment maker KNDS, the companies said on Wednesday.
Alstom Sells German Rail Factory to Defense Consortium KNDS
The transformation of the Goerlitz plant, located near the Polish border, into a combat-vehicles plant should be completed in 2027.
Alstom sells German rail factory to KNDS for military vehicle production
Alstom (EPA:ALSO), a leading player in the transportation sector, has finalized a deal to sell its rail manufacturing facility in Goerlitz, Germany, to defense consortium KNDS.
Historic German rail plant to build tanks under defence deal
Franco-German defence group KNDS will turn an old train factory in eastern Germany into a production plant for tanks and other military vehicles
KNDS to buy German defence equipment manufacturer Alstom
The companies announced on Wednesday that Alstom, a French train manufacturer, has agreed to sell the Gorlitz plant located in
Alstom S.A: Alstom and KNDS have reached agreement: a secure future for the industrial site in Görlitz in Germany
The negotiations between Alstom and KNDS Deutschland GmbH & Co. KG (KNDS) about the Görlitz site have reached an important milestone. On 5 February, 2025, both sides signed a framework agreement on the takeover of the site by KNDS.
Alstom Sells Goerlitz Rail Factory to Defense Consortium KNDS
Alstom reached a deal to sell its rail factory in the German town of Goerlitz to defense consortium KNDS, which plans to build battle tanks and infantry fighting vehicles. The transformation of the site should be completed in 2027, with production set to start that year, the two companies said Wednesday.
Historic German train factory to build tanks under new deal
The Alstom plant in Görlitz has built rolling stock for more than 175 years. It has now been acqired by Franco-German weapons ...
Defense News on MSN12d
KNDS, Rheinmetall, Thales move ahead on next-generation tank project
A shareholder agreement among contractors moves the envisioned Eurotank closer to actual work getting done on the program.
Alstom: Negotiation With KNDS About the Gorlitz Site Reached Milestone
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Anadolu Ajansi10h
Scholz says Europe needs a strong defense industry in changing geopolitical changes
German chancellor calls on European countries to unite their efforts in developing new weapons systems and coordinate ...