Siemens rail technology deal expands
Siemens rail technology deal expands
https://the-european.eu/story-60854/siemens-expands-rail-technology-arm-with-italian-deal.html
Publish Date: 2026-05-19 05:31:00
Source Domain: the-european.eu
The German group is buying key parts of MERMEC, adding 1,700 staff, €430m of revenue and rail inspection technology used in more than 70 countries
Siemens is buying key parts of Italy’s MERMEC Group in a deal that expands its global rail technology business and strengthens its position in the growing market for railway diagnostics.
The acquisition gives Siemens Mobility specialist systems used to inspect tracks, signalling, electrification networks and other rail infrastructure as operators invest in more digital and predictive maintenance.
The businesses being acquired employ around 1,700 people, serve customers in more than 70 countries and generated revenue of about €430m in FY25, Siemens said in a statement.
The deal covers MERMEC operations in wayside signalling, electrification, telecommunications, diagnostics, analytics and worldwide data infrastructure. It is expected to close by the end of 2026, subject to customary conditions, and financial terms were not disclosed.
MERMEC was founded in 1970 and is headquartered in Monopoli, Italy. Its technology includes railway signalling systems, digital diagnostics platforms and high-precision measurement trains.
The acquisition also strengthens Siemens’ position in Italy, where MERMEC has a strong presence in mainline rail infrastructure and Siemens is already active in urban signalling.
Michael Peter, chief executive of Siemens Mobility, said: “By combining MERMEC’s technological expertise and market access with Siemens Mobility’s global presence and technology leadership, we are strengthening our capabilities in diagnostics, asset-intelligence and signaling capabilities.
“This step expands our industrial footprint in Italy within our world-leading signaling business and significantly enhances our global diagnostics portfolio.”
The transaction is expected to increase Siemens’ earnings per share before purchase price allocation by the second year after closing, and to fall within Siemens Mobility’s…
