Siemens buys Italy's MERMEC businesses to strengthen rail technology portfolio
- Posted on May 14, 2026
- By Google News
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Siemens buys Italy's MERMEC businesses to strengthen rail technology portfolio
Siemens XETR:SIE said on Thursday it agreed to buy several key businesses of Italian rail technology group MERMEC to strengthen its rail portfolio and gain market access to Italy.The parties agreed not to disclose financial terms of the transaction, a statement said. Earlier this week Reuters repor…
