Alstom, a large French company headquartered near Paris, France, specializes in energy, transmission and distribution equipment, transportation, industrial equipment, marine equipment and engineering contracts, and rail transit infrastructure (including France High Speed ​​Rail TGV and European Star).
Alstom is of great significance to France in the world where the leading position of industry is almost monopolized by various German giants. They are known as the crown gems of French manufacturing.
In other words, Alstom will produce gas turbines, nuclear power equipment, solar power equipment and wind power equipment in addition to hydropower equipment. . . Alstom lags behind Siemens and GE in the field of gas turbines, but it is a global leader in hydropower equipment. Alstom, a hydropower project in the world, is involved in almost all of them - including the world's second-largest hydropower station, the Itaipu hydropower station in Brazil, and the Three Gorges hydropower station, the Xiangjiaba hydropower station, and so on.
The two German giants have been eyeing Alstom. In particular, Siemens has always been in direct contact with Alstom in various business areas. The two companies have been fighting from the energy and industrial manufacturing industries to medical technology.
However, this gem was a bit sluggish in recent years, so GM was ready to close it and was supported by the French Bouygues Group, which holds a 29% stake in Alstom. Siemens, a hostile enemy, said that he was unhappy and he had been restless for 72 hours before joining the M&A. This is April 2014. Progress is not known.
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