Alstom and DB Mobility Network Logistics have signed a contract for the takeover of the 49% stake held by DB in the ‘Alstom Lokomotiven Service’ joint venture in Stendal, Germany.
Alstom Deutschland, who was holding a 51% stake since the creation of the JV in 2002, will now become the sole shareholder.
Alstom Lokomotiven Service’s Stendal site works on locomotive renovation and shunting locomotives, trams, regional trains, bogies and other maintenance components from all manufacturers.
Over the last 11 years, it has supplied more than 300 V100 class locomotives to private operators.
Klaus Hiller, head of the Train Life Services Department within Alstom Transport Germany, stated:
“The business model of the Stendal site has proven itself to our customers. I am sure that in the coming decades we will see this historic site, founded in 1873, as a strong, flexible partner with advanced business ideas in this exciting market.”
Alstom aims to develop ‘new environmentally friendly three-axle shunting locomotives with four different types of engine, including hybrid technology’.
