Alstom acquires Rotterdam-based maintenance firm Shunter
Alstom has signed a purchase agreement to acquire Shunter, a leading service provider in the field of maintenance of rolling stock for freight and passenger transport in the Netherlands. With this step, Alstom creates a physical presence in the port of Rotterdam, an important junction in its international network.
It is not the first time that Shunter and Alstom have joined forces. The companies have been working together for over 14 years. With the integration of the Rotterdam-based company, Alstom expects to increase the availability of the fleet and reduce its total cost of ownership.
Shunter offers services in the field of management and maintenance of rolling stock for freight and passenger transport and on-board train protection systems. The group takes care of more than 1,000 locomotives, trains and wagons for maintenance, overhaul and damage repair. It realised a turnover of approximately 20 million euros in 2020.
“We are very much looking forward to integrating Shunter’s in-house expertise, widely recognised by rail operators”, says Bernard Belvaux, managing director Benelux at Alstom. “Shunter’s knowledge in the field of full-service maintenance is a good addition to Alstom’s knowledge and installed base of products and solutions. This step enables us to become an even more robust maintenance partner for our customers.”
“The fact that Shunter becomes part of an international group opens new doors for us and gives us access to new markets”, says Jos Toes, Managing Director at Shunter. “I am enthusiastic about joining Alstom and I am convinced that thanks to our combined knowledge we can facilitate our customers even better.”
Completed later this year
Before the acquisition can be completed, a number of mutually agreed conditions must be met. Completion is expected to take place in the second quarter of 2021.
Within the Benelux, Alstom operates from two global competence centers specialising in train protection and power electronics, two production sites – one for rolling stock and one for parts – and several project offices for train protection. In providing service provision, Alstom uses its network of service locations to provide close-up support to customers.