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Alstom acquires Newcastle-based Nomad Digital

Alstom has signed a purchase agreement for the acquisition of Nomad Holdings, commercially known as Nomad Digital, from Amadeus Capital Partners, SEB Venture Capital and Deutsche Telekom Strategic Investments.   

Nomad is a provider of passenger and fleet connectivity solutions to the rail industry.
 
It employs around 230 people and is headquartered in Newcastle upon Tyne, with 13 offices worldwide, principally in the UK, Netherlands, Germany, Portugal, Canada, Australia, and the US.
 
Nomad Digital offers a broad portfolio of applications and ICT solutions to train operators that both enhances the passenger experience, while improving the operational efficiency, reliability and availability of their fleets. 
 
Nomad brings complementary products and solutions and will help accelerate Alstom’s own development of the ‘Digital Train’.
 
Andrew Taylor, group CEO of Nomad, says: “Alstom’s acquisition of Nomad is fabulous news for our staff, our customers and our partners around the world. The Nomad team is joining a truly great company with a common culture of innovation, and values-based approach to doing business in the rail sector. From day one we will have a joined-up strategy and vision around the realisation of the ‘Digital Train’. We look forward in the weeks and months ahead to strengthening our capabilities in this domain, and ensuring that we maintain our focus on delivering innovative solutions and services to both our current and new customers around the world.”
 
Anne Glover, CEO of Amadeus Capital Partners, says: “Amadeus Capital Partners first invested in Nomad Digital in 2006 as we foresaw the increasing demand from rail passengers for better internet connectivity during journeys. We are delighted that a major rail company has recognised the value of Nomad’s visionary strategy, which has expanded to the fully ‘connected train’, and the global footprint they have achieved.”
 
The transaction is forecast to complete in early-January 2017, at which time Nomad Holdings Limited will become a wholly owned subsidiary of Alstom, and will be reported within Alstom Digital Mobility.
 
Alstom will begin integrating Nomad Digital into its own group from that time onwards, whilst ensuring that Nomad Holdings operates as a wholly-owned subsidiary, retaining its brand and independent identity.
 
Financial terms of the deal have not been disclosed. 

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