Faiveley Transport Has Acquired 80% of the Swiss Company, Dolder AG, Specialist in Railway Heating Solutions

Regulatory News:

Dolder AG, founded in 1950, is based in Haegenhorf in Switzerland, and employs 19 people with annual sales of €4 million. The company produces heating devices for the railway industry, with over 30 000 devices installed on rail vehicles.

This acquisition will enable Faiveley Transport (Paris:LEY) to offer a complete system of railway air treatment - heating, ventilation and air conditioning (HVAC) - with innovative custom made solutions, both for local Swiss customers and for other constructors and operators worldwide.

By joining the Faiveley Transport Group, Dolder AG will benefit from Faiveley Transport’s world wide presence to conquer new markets.

The CEO and owner of Dolder AG, Christian Dolder, will continue to lead the company in order to further grow Dolder and ensure complete integration into the Faiveley Transport’s global network.

FAIVELEY TRANSPORT, A WORLD LEADER IN THE RAIL INDUSTRY

About Faiveley Transport

Faiveley Transport, a specialist player in the global market for high-tech components for rail systems, is extending its range of products across seven business lines: air conditioning, power information & control, passenger access systems, passenger screen doors, braking, couplers and customer service.

Boasting the most comprehensive range of equipment and services in the market, Faiveley Transport’s mission is to supply the railway industry, operators and rail maintenance organizations the world over.

As a supplier, Faiveley Group comprehensively covers the value chain, from design to production, marketing and services.

Faiveley is a provider of high value-added services combined with the highest levels of quality, and safety guaranteeing customers the highest levels of quality, safety and availability.

Faiveley stands out from its competitors by its flexibility, reliability and capacity to innovate.