Why did Alstom sell to GE?
Why did Alstom sell to GE? Power & Water is one of our higher growth and margin industrial segments and is core to the future of GE. GE wanted to acquire Alstom's Power & Grid assets because the transaction would have added significant scale that would move the needle for a conglomerate like GE.
Is Bombardier now Alstom?
Customers and passengers will benefit from the proximity of Alstom's employees and sites, unmatched innovation capacities, a comprehensive rail product & solutions portfolio, and commitment to an efficient delivery. The employees of Bombardier Transportation join the Alstom Group as from January 29, 2021.