Siemens Mobility completed the acquisition of Rail-Term.
This acquisition will spearhead Siemens Mobility development in a new segment of the mobility sector. By acquiring Rail-Term in Canada, Siemens Mobility will expand its existing portfolio with on-the-ground track and signaling, electrification and communication systems servicing expertise that will be instrumental in deploying the next generation of rail technologies across the country’s vast and expanding rail networks. Following this acquisition, Siemens Mobility Canada will add nearly 200 employees to its growing team.
A Fasken team composed of Carl Bélanger, Guillaume Synnott, Felicia Jin and Nancy Liu, Jean-Philippe Mikus, Jane Wu, Émilie Bundock, Rhonda Grintuch and Philippe Dion advised Rail-Term Inc. in connection with this transaction.
Jurisdiction
- Québec
