Hitachi Rail has acquired Thales' Ground Transportation Systems business for €1,660 million, expanding its global operations and enhancing its expertise in sustainable transit solutions.

Information on the Target

Hitachi Rail has successfully completed its acquisition of Thales' Ground Transportation Systems (GTS) business for €1,660 million as of May 31, 2024. This strategic acquisition significantly enhances Hitachi Rail's global presence, expanding its operations to 51 countries and positioning the company to derive the majority of its revenues from the higher-return signalling and systems segments. The move aims to bolster Hitachi Rail’s capabilities in the emerging transit landscape, promoting sustainable and digital solutions for urban transportation.

With the integration of GTS, Hitachi Rail is now equipped to leverage the combined expertise in transport solutions, facilitating advancements in digital signalling, urban turnkey railways, and comprehensive communication systems. The acquisition not only enhances Hitachi Rail's service offerings but also strengthens its engineering capabilities by nearly doubling its resources and workforce, contributing to a total of 24,000 employees worldwide.

Industry Overview in the Target’s Specific Country

The mobility sector in Japan is undergoing significant transformation as the country embraces digitalisation and sustainability. With a growing emphasis on public transit solutions, the Japanese government and pri