M&A Deal Summary

Hitachi Acquires Ground Transportation Systems

On August 4, 2021, Hitachi acquired transportation company Ground Transportation Systems from Thales for 1.7B EUR

Acquisition Highlights
  • This is Hitachi’s 1st transaction in the Transportation sector.
  • This is Hitachi’s 0th largest (disclosed) transaction.
  • This is Hitachi’s 1st transaction in France.

M&A Deal Summary

Date 2021-08-04
Target Ground Transportation Systems
Sector Transportation
Buyer(s) Hitachi
Sellers(s) Thales
Deal Type Divestiture
Deal Value 1.7B EUR

Target

Ground Transportation Systems

Courbevoie, France
Ground Transportation Systems is a global leader in Rail Signaling and Train Control Systems, Telecommunications and Supervision systems, and fare collection solutions, key technologies for more sustainable mobility. Around 8 billion passengers benefit from GTS’s rail technologies every year.

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Buyer(S) 1

Buyer

Hitachi

Tokyo, Japan

Category Company
Founded 1910
Sector Diversified
Employees268,655
Revenue 9.73T JPY (2024)
DESCRIPTION
Entrance to Hitachi's corporate headquarters in Tokyo, Japan.
Entrance to Hitachi's corporate headquarters in Tokyo, Japan.

Hitachi is a multinational conglomerate that operates across various sectors, including information technology, infrastructure systems, social innovation, automotive systems, and more. The Company's diverse portfolio encompasses a wide range of products and services, such as power systems, industrial machinery, digital solutions, transportation systems, and healthcare solutions. Hitachi was founded in 1910 and is based in Tokyo, Japan.


DEAL STATS #
Overall 16 of 21
Sector (Transportation) 1 of 1
Type (Divestiture) 3 of 5
Country (France) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 GlobalLogic

McLean, Virginia, United States

GlobalLogic is a full-lifecycle product development services leader that combines chip-to-cloud software engineering expertise and vertical industry experience to help our customers design, build, and deliver their next generation products and digital experiences. We expertly integrate design, complex engineering, and agile delivery capabilities to deliver superior business outcomes for global brands. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending the benefits of our true global presence to customers in telecom, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries. GlobalLogic was founded in 2000 and is based in McLean, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-22 Photon Energy

Ottensoos, Germany

Photon Energy engages in the development, research, and sales of Ultra-Short Pulse (USP) laser, sources, and marking systems. Photon Energy was established in 2001 and is headquartered in Ottensoos, Germany.

Buy -

Seller(S) 1

SELLER

Thales

Meudon, France

Category Company
Founded 1893
Sector Safety/Security
Employees76,299
Revenue 18.4B EUR (2023)
DESCRIPTION
Entrance to a Thales facility in Irvine, California.
Entrance to a Thales facility in Irvine, California.

Thales is a provider of integrated solutions and equipment of security systems primarily to the aerospace and defense markets. Thales was founded in 1893 and is based in Meudon, France.


DEAL STATS #
Overall 8 of 8
Sector (Transportation) 2 of 2
Type (Divestiture) 8 of 8
Country (France) 3 of 3
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 Thales’ Ground Transportation Systems Business

Courbevoie, France

Thales’ Ground Transportation Systems Business consists of four segments: mainline railroad signaling systems, urban rail signaling, integrated communication systems, and revenue collection systems. Thales’ Ground Transportation Systems Business is based in Courbevoie, France.

Sell €1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 RUAG International’s Simulation & Training Business

Bern, Switzerland

RUAG International’s Simulation & Training Business develops sophisticated training technologies for Land Forces. It has a strong track record in training services and benefits from a solid market reputation, long-term contracts and decades of investment in products and technologies. RUAG S&T is engaged in significant contracts including with ARMASUISSE and other key customers.

Buy -