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Adtranz was a multi-national rail transportation equipment manufacturer with facilities concentrated in Europe and the US. The company, legally known as ABB Daimler-Benz Transportation , was created in 1996 as a joint venture between ABB and Daimler-Benz to combine their rail equipment manufacturing operations.
Bombardier is a global leader in transportation and aerospace industries, with a history of innovation and diversification since 1942. Learn how Bombardier started as a family business in Canada, expanded into rail and aviation markets, and launched iconic products such as the Challenger, CRJ and Global aircraft.
Apr 11, 2024 · Adtranz was a multi-national rail transportation equipment manufacturer with facilities concentrated in Europe and the US. The company, legally known as ABB Daimler-Benz Transportation, was created in 1996 as a joint venture between ABB and Daimler-Benz to combine their rail equipment manufacturing
Bombardier Inc. Bombardier Transportation was a Canadian-German rolling stock and rail transport manufacturer, with headquarters in Berlin, Germany. It was one of the world's largest companies in the rail vehicle and equipment manufacturing and servicing industry. Bombardier Transportation had many regional offices, production and development ...
Sep 1, 2000 · Bombardier announced on August 4 that it had signed a sale and purchase agreement to acquire Adtranz from its parent DaimlerChrysler. The move had been expected following Bombardier’s unsuccessful bid for Siemens’ rail arm. The deal values the extensive Adtranz empire at just US$725m, reflecting the company’s recent lack of profitability.
Jan 20, 1999 · ABB and DaimlerChrysler announced in 1999 that DaimlerChrysler would buy ABB's 50-percent stake in their joint venture Adtranz, a global leader in rail transportation. The deal aimed to boost DaimlerChrysler's strategic portfolio and integrate Adtranz into its group.
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Jun 1, 2001 · News. BOMBARDIER completed its acquisition of DaimlerChrysler Rail Systems GmbH (Adtranz) on May 1, following the approval by the European Commission’s competition authorities (RG 5.01 p349) of the sale and purchase agreement with DaimlerChrysler AG announced last August. The purchase was completed for a cash consideration of C$1·1bn (k790m ...
