M&A Deal Summary

Alstom Acquires Flertex

On April 2, 2021, Alstom acquired automotive company Flertex

Acquisition Highlights
  • This is Alstom’s 1st transaction in the Automotive sector.
  • This is Alstom’s 2nd transaction in France.

M&A Deal Summary

Date 2021-04-02
Target Flertex
Sector Automotive
Buyer(s) Alstom
Deal Type Add-on Acquisition

Target

Flertex

Gennevilliers Cedex, France
Flertex specializes in the design and manufacture of brake linings (pads and shoes) for braking systems, particularly for the rail industry but also for other industrial applications. It is a group of international scope with approximately 120 employees, with the vast majority working at its sites in Gennevilliers (in the region of Île-de-France) and Saint-Florentin (in the region of Bourgogne-Franche-Comté). More than 50% of its turnover comes from the rail industry, mainly in France and Europe but also in Latin America. For more than 60 years, Flertex focuses on innovation to develop ever more efficient materials: increased braking performance, noise reduction, and reduced emissions of fine particles into the atmosphere.

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Buyer(S) 1

Buyer

Alstom

Saint-Ouen, France

Category Company
Founded 1992
Sector Energy Services and Equipment
Employees86,039
Revenue 18.5B EUR (2025)
DESCRIPTION

Alstom is a provider of electrical generation and transmission products, including turbines for hydroelectric, gas, coal, and nuclear-powered plants. Alstom was founded in 1992 and is based in Saint-Ouen, France.


DEAL STATS #
Overall 14 of 14
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 10 of 10
Country: France M&A 2 of 2
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Helion Hydrogen Power

Aix-en-Provence, France

Helion Hydrogen Power design, manufacture and commercialize PEM* fuel cell stacks and fully-integrated hydrogen systems with a power range from kW to MW. Helion Hydrogen Power also supplies a turnkey service for customized hydrogen energy and transport solutions. Helion Hydrogen Power was founded in 2001 and is based in Aix-en-Provence, France.

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