ABB Transportation
1989 BREL was formed by the purchase of British Rail Engineering's workshops by the Swiss-Swedish conglomerate ABB 40%, Trafalgar House 40% and a MEBO (Management-Employee Buy-Out) of 20%.
It was latterly bought out by ABB to form ABB Transportation Ltd.
ABB Transportation was itself subsequently merged with Daimler-Benz to form ADtranz (ABB-Daimler Benz Transportation)
2001 ADtranz was bought by the Canadian conglomerate, Bombardier.
The privatisation of British Rail caused a hiatus in the ordering of new rolling stock, which ultimately led to the demise of the York works. Following the closure of the Metro-Cammell (then Alstom) plant in Birmingham in 2005, only the former BREL facility in Derby remained as a major manufacturer of rolling stock in the United Kingdom from BR days.
2021 Alstom acquired Bombardier Transportation
See Also
Sources of Information
- [1] Wikipedia