Alstom is a French multinational company operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling and locomotives, with products including the AGV, TGV, Eurostar, and Pendolino high-speed trains, in addition to suburban, regional and metro trains, and Citadis trams.
1998 GEC Alsthom acquired Cegelec (electrical contracting), and was then listed on the Paris Stock Exchange with a change of name to ALSTOM. GEC and Alcatel sold part of their stakes in the capital (23.6% each) [1]. GEC Alsthom and Cegelec Projects were reunited as Alstom
2000 ALSTOM acquired ABB’s JV share of the Ljungstrom air preheater business and operated it as part of ALSTOM Power
2014 ARVOS Group acquired the Ljungstrom air preheater business from Alstom and formed its LJUNGSTRÖM Division