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European Railroad Discussion > Swiss News September 2019
Date: 09/05/19 19:40
Swiss News September 2019
Swiss Federal Railways, the parent company, has reached agreement to sell a 35% interest in SBB Cargo, to a consortium of Swiss logistics companies called Swiss Combi AG.
The ownership of Swiss Combi AG consists of four family owned companies, Planzer AG (40% stake), Camion Transport AG (40% stake), Bertschi AG (10% stake), and
Galliker AG. The deal is subject to government approval and is expected to close in the first quarter of 2020. SBB Cargo International is not included and will cpme under the parent
companies direct ownership(subject to Hupac Ltd's 25% stake). It is expected that all Re482 locomotives will be sold. When the time comes to replace the Re420/421/430 types
replacement power will be leased. Swiss Combi AG will name two members of the Board, as will SBB AG, while the remaining three Directors will be selected from outside either
Date: 09/07/19 11:33
Re: Swiss News September 2019
Thank you for posting on this development. Definitely worth watching the changes to come.
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