Warning that takeover by France’s Alstom of Bombardier’s rail business could put British jobs at risk
A French takeover of Bombardier’s rail business could put British jobs at risk.
Paris-based Alstom has agreed to buy Bombardier Transport for £6.3 billion after crunch talks between the two firms.
Heading for the buffers?: Paris-based Alstom has agreed to buy Bombardier Transport for £6.3 billion
Alstom said it intended to make the division more profitable, partly by wringing out more than £333m in savings.
The pledge is likely to raise fears of cuts in regions where the two businesses overlap, including the UK. Bombardier is Canadian and its sites include a factory in Derby, which is building trains for London’s Crossrail and the Overground.
Trade union Unite said it had been given assurances by Bombardier that the deal ‘will not affect’ the Derby site, but it was yet to receive such guarantees from Alstom.
Regional secretary Paresh Patel said: ‘Once Unite fully understands Alstom’s plans, we will be ensuring our members’ interests at the Derby factory are fully protected.’