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press release
(Newcastle upon Tyne, 21 December 2016) 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 together with other investors.
Nomad is the world’s leading provider of passenger and fleet connectivity solutions to the rail industry, employs around 230 people, and is headquartered in Newcastle, with 13 offices worldwide, principally in the UK, Netherlands, Germany, Portugal, Canada, Australia, and the United States.
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.
Alstom and Nomad share a vision to make the Digital Train a reality, and Alstom’s heritage and pedigree in train manufacturing enables Nomad to accelerate the delivery of that vision. Nomad brings complementary leading edge products and solutions, and with a strong global customer footprint, will help accelerate Alstom’s own development of the Digital Train.
Group CEO of Nomad said:
“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-1 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, commented:
“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 well-known brand and independent identity. Financial terms of the deal were not disclosed.
About Alstom
As a promoter of sustainable mobility, Alstom develops and markets systems, equipment and services for the railway sector. Alstom manages the widest range of solutions in the market – from high-speed trains to metros and tramways – customised services (maintenance, modernisation,…) and infrastructure and signalling solutions. Alstom is a world leader in integrated railway systems. It recorded sales of €6.9 billion and booked €10.6 billion of orders in the 2015/16 fiscal year. Headquartered in France, Alstom is present in over 60 countries and employs 31,000 people today.
For more information on Alstom
Justine Rohée – Tel. + 33 1 57 06 18 81
Linda Huguet – Tel. + 33 1 57 06 10 42
Investor relations
Selma Bekhechi – Tel. + 33 1 57 06 95 39
Julien Minot – Tel. + 33 1 57 06 64 84
About Amadeus Capital Partners
Amadeus Capital Partners is a global technology investor. Since its inception in 1997, the firm has raised over $1bn for investment and backed more than 100 companies in the software, mobile, internet, cyber security and medical technology sectors. The investment team is based in India, South Africa, UK and USA, has deep experience in technology and invests in high-growth companies from early stage to pre-IPO.
For more information on Amadeus Capital Partners
Emma Thorpe – Communications Advisor to Amadeus Capital Partners – +44 790 997 4958
amadeus-advisors@amadeuscapital.com
About Nomad
Nomad Digital is the world’s leading provider of passenger and fleet connectivity solutions to the railway industry. It offers a broad solutions portfolio to transport operators and builders that significantly enhance passenger experience and increase fleet operational efficiency.
Its integrated and scalable solutions include the multi-award winning and patent-protected Passenger WiFi, enabling seamless connectivity with the internet and on-board infotainment. In addition, its Passenger Information System for live journey, multi-media information and Passenger Portal Framework simplifies the creation of custom portals for on-board services and entertainment. And Nomad’s Remote Online Condition Monitoring, Driver Assist and Power Train products are targeted at identifying efficient fleet maintenance operations and improving fuel economy.
Nomad is the pioneer of the Intelligent journey – a shared and secure network infrastructure to which all authorised on-board systems and passenger devices may connect.
For more information on Nomad Digital please contact:
Vicki Sloan, Global Marketing and Events Manager
+44 (0) 207 096 6966 Ext. 2082
+44 (0) 7848 085 896