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    1. Management

    Alstom expands its maintenance expertise with the acquisition of Dutch services company Shunter

    March 10, 2021
    The acquisition will enhance the company’s expertise in the services domain and expand its presence in Benelux.
    Related To: Alstom
    Alstom
    Shunter's maintenance activities.
    Shunter's maintenance activities.

    Shunter, a freight and passenger rail vehicle maintenance services company in the Netherlands, has been acquired after Alstom signed a purchase agreement for the company.

    Shunter, headquartered in Rotterdam, employs approximately 110 people across three maintenance workshops and three services locations. The group offers its customers a broad and integrated package of services in the field of management and maintenance of rolling stock for freight and passenger transport and on-board signaling solutions, including the performance of maintenance, damage repair and modifications. This is done both in its workshops and on location. Each year, Shunter carries out maintenance, overhaul and damage repair on more than 1,000 cars. Shunter’s annual turnover in 2020 was around €20 million (US$23.8 million).

    This transaction will reinforce Alstom’s position in the Benelux maintenance market by combining both companies’ capabilities, solutions and products to the benefit of railway operators. It will also reinforce Alstom’s global maintenance services with a physical presence in the Port of Rotterdam.

    “We are very enthusiastic to integrate Shunter's expertise which is widely recognized by the operators,” said Bernard Belvaux, Alstom managing director, Benelux. “Shunter’s full maintenance expertise will complement Alstom’s knowledge and installed base in products and solutions. It will enable us to become an even stronger maintenance partner to our customers, increasing availability and reducing the total cost of ownership of their fleets.”

    “The collaboration between Shunter and Alstom is not new. We have been working together for over 14 years. The integration of Shunter into an international group will bring us new possibilities with access to new markets. I am delighted to join Alstom and convinced that with our combined expertise we can satisfy our customers even better,” said Jos Toes, managing director of Shunter.

    The completion of the transaction is subject to the satisfaction of mutually agreed conditions. It is expected to occur by the second quarter of 2021.