Great Britain: ATA Group plc is to acquire Catalis Group Ltd, including Catalis Rail Training Ltd and Rail Training Audit Services Ltd. The acquisition was expected to be completed by October 31.
International: Panrail of Austria, McIntire Group of the USA, Multi-Technologies Group of Great Britain, IED International of France and Fertrading of Italy have formed Rail Strategy Group to provide consulting and equipment strategies on a global basis. With its headquarters in Switzerland, the group is recruiting partners in Brazil, China, South Africa and Thailand.
Italy: Alstom announced on October 18 that it had completed the acquisition of a 51% stake in Fiat Ferroviaria, following European regulatory approval. The transaction involved a cash payment of 147m euros and the assumption of 45m euros of debt.
Poland: The government has approved the privatisation of tank wagon leasing company Dyrekcja Eksploatacji Cystern.
