ABB will acquire the relative business to the members of power for railway vehicles of Italian RGM



Group ABB has undersigned an agreement for the acquisition of the relative business to the members of power for railway vehicles of the RGM Spa, Italian society with center to Genoa that is the greatest national producer than auxiliary converters that supply the electric power supply of edge to tramway and metropolitan convoys, to regional trains and inter-city let alone locomotives. This line of business, than makes use of the collaboration of 68 dependent, will enter to take part of Helvetic group ABB. RGM is also a supplier important of feeders, members and other destined electronic equipment to various types of industry and this business does not re-enter in the agreement with ABB.

The parts have agreed not to diffuse the terms of the understanding that is subject to the obtaining of the customary authorizations antitrust. The completion of the acquisition is previewed for the third trimester of this year.

"Thanks to this acquisition - Ulrich Spiesshofer has declared, in charge of the division Discreet Automation and Motion of ABB - we will be able to offer a wider and integrated pocketbook than auxiliary converters and of traction, with which to support our increase in the field of the traction. Team RGM Polycontrol will bring to ABB an important ingegneristica and productive competence, so as a solid history of success on the Italian market. The acquisition is online with the strategy of our division turns to expand our technological platform and the offer of solutions for an interesting market which that of the traction, is to total level that local".

"Thanks to this acquisition - it has added Barbara Frei, country manager of ABB in Italy - group ABB values the know-how-how and the Italian competence, than so will have an ulterior opportunity in order to appear at the market total, is for new realizations that for the modernization of the current railway fleet. With the income of team RGM in the organization of ABB Italy, our presence to Genoa, already important on the international plan for the ingegneristiche competences focused on the energy and navy, comes ulteriorly enriched of a new strategic dowel in the railway field".

"Integrating our relative activities to the auxiliary converters with the offer of group ABB - it has commented Giuseppe Guerra, to title and managing director of RGM - we will bring remarkable advantages is to the business that to our customers. The produced ones developed from RGM will be able to reach total markets through the channels of ABB sale and our customers will be able to approach a wider pocketbook from an only supplier".

During the last few years ABB has recorded an increase anniversary of 30% in the activities for the railway one, field in which in 2011 it has totaled advanced ordering to 1,1 billion dollars.