Hitachi Ltd. has announced the acquisition of Finmeccanica's AnsaldoBreda and approximately 40% of Ansaldo STS to strengthen its position as a global leader in rail solutions.

Target Overview

Hitachi, Ltd. has made a strategic move by acquiring the signaling and rolling stock operations of Finmeccanica, specifically through its purchase of AnsaldoBreda S.p.A. and approximately 40% of Ansaldo STS S.p.A. This acquisition encompasses the core business of AnsaldoBreda, excluding certain revamping activities and other residual contracts. The impending closing of these transactions, anticipated later this year, is contingent upon obtaining necessary regulatory and antitrust approvals.

The acquisition not only enhances Hitachi Rail's global footprint but also solidifies its position within the signaling and traffic management systems sector. Ansaldo STS is recognized as a leading technology company specializing in the design, implementation, and management of railway signaling systems. With its headquarters in Genoa and operations extending to more than 30 countries, Ansaldo STS employs approximately 4,000 individuals globally.

Industry Overview in Italy

The rail industry in Italy is characterized by a mix of traditional systems and innovative technologies, making it a key player in Europe's transport sector. It has seen substantial investments in recent years aimed at