Faiveley Transport, a company controlled by Faiveley SA and Sagard, has entered into exclusive discussions with Carbone Lorraine for the acquisition of its sintered brake pads’ activity.

The activity’s 2006 annual sales is € 17.1 Million. It employs 80 people at a site based in Gennevilliers, in the North West suburbs of Paris, France.

The activity encompasses the design, production and sale of sintered friction materials for braking applications, used primarily in the railway industry. In this activity, Carbone Lorraine is referenced as the main TGV’s supplier. 

This acquisition will generate strong industrial and commercial synergies. The activity will particularly benefit from Faiveley Transport’s global presence.  The combination of the respective activities will allow Faiveley Transport to optimise its brake solutions, propose a full product range to the high energy brakes’ market and reinforce its position as a world leader.

FAIVELEY, a world leader in the railway industry

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The Faiveley Group is one of the world’s leading suppliers of railway systems and services, with six product lines:  air conditioning, electro-mechanics, on-board electronics, braking systems, couplers and customer services.

In a strong international market, Faiveley works closely with train operators and car-builders, and uses it commercial and industrial organisation to assure its development on the global market.

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