Alstom is continuing to implement its Alstom in Motion strategic plan with the acquisition of Flertex, a group specialised in the design and manufacture of brake linings (pads and shoes) for braking systems, particularly for the rail industry but also for other industrial applications.
- This acquisition expands and strengthens Alstom’s expertise in braking systems, a key element in the overall technical performance of trains.
- It comes only a few months after that of IBRE, a company specialised in the development, manufacture, and supply of cast-iron or steel brake discs.
- This acquisition also represents a promising development opportunity for Flertex and its employees.
“We are pleased with this acquisition which, similarly to IBRE, enhances our solutions and skills in the field of braking to meet our own needs as well as those of our customers,” says Jean-Baptiste Eyméoud, President of Alstom France.
- Flertex is a group of international scope with approximately 120 employees, with the vast majority working at its sites in Gennevilliers (in the region of Île-de-France) and Saint-Florentin (in the region of Bourgogne-Franche-Comté), with a turnover of around 16 million euros in 2020.
- More than 50% of its turnover comes from the rail industry, mainly in France and Europe but also in Latin America.
- For more than 60 years, Flertex has focused strongly on innovation to develop ever more efficient materials: increased braking performance, noise reduction and reduced emissions of fine particles into the atmosphere.
- Leading the way to greener and smarter mobility worldwide, Alstom develops and markets integrated systems that provide the sustainable foundations for the future of transportation.
- Alstom offers a complete range of equipment and services, from high-speed trains, metros, trams and e-buses to integrated systems, customised services, infrastructure, signalling and digital mobility solutions.
- Alstom recorded sales of €8.2 billion and booked orders of €9.9 billion in the 2019/20 fiscal year.
- Headquartered in France, Alstom is present in over 60 countries and employs 38,900 people.
Meanwhile, Alstom recently has been awarded by Mumbai Metropolitan Region Development Authority (MMRDA) the contract to design, manufacture, supply, test and commission 234 metro cars, including personnel training for Line 4 and the extension corridor (Wadala-Kasarvardavali-Gaimukh). The order is valued at €220 million (INR 1854 Crores).
- New products have been added to Alstom’s portfolio as part of the acquisition of Bombardier Transportation (BT) on January 29, 2021.
- The combined portfolio of products, signalling, engineering and services allows a significantly increased offering for customers across India and the Asia Pacific Region.
- The Line is a 35.3-kilometre-long elevated corridor with 32 stations.
- It will provide interconnectivity among the existing Eastern Express Roadway, Mono Rail, the ongoing Metro Line 2B (D N Nagar – Mandale), and the proposed Metro Line 5 (Thane – Kalyan), Metro Line 6 (Swami Samarth Nagar – Vikhroli).
- Mumbai Metro Line 4 & 4A is expected to reduce the current travel time by 50% to 75%, depending on road conditions.
- Supporting the government’s modernisation initiatives, Alstom has been at the forefront of introducing several breakthrough technologies in India with world class rolling stock, rail equipment & infrastructure, signalling and services.
- In India, the company has successfully delivered metro trains for the cities of Delhi, Chennai, Lucknow, Kochi and is currently executing the Mumbai Metro Line 3 project.
- Alstom currently employs nearly 8000 people in India and has 6 industrial sites across the country – Bihar (Madhepura), Andhra Pradesh (SriCity), Tamil Nadu (Coimbatore), Gujarat (Savli & Maneja) and West Bengal (Kolkata).
Source: Alstom-Press Release | Image Credit: Flertex