Spanish train maker CAF to acquire Polish bus builder Solaris

Spanish rail equipment manufacturer CAF plans to acquire Polish bus builder Solaris, a move intended to “broaden the company’s range of products in electric mobility and multimodal door-to-door solutions.”

Solaris is a global supplier of legacy and electric buses with a presence in 32 countries and a workforce of more than 2,300. Its main markets are Poland, Germany, Italy, Scandinavia and the Baltics. The company offers a range of powertrains, including hybrid, trolleybuses, battery-electric and fuel cell.

“Together with Solaris, we will create a leader in urban mobility solutions beyond rolling stock, particularly in the e-mobility segment,” said Andres Arizkorreta, CEO of CAF. “We want to develop Solaris’s valuable brand and to keep its Polish character. The combination of both companies’ know-how in production, design, technology and services, together with the track record of Solaris in bus product innovation, will allow us to better serve our clients.”

 

Source: CAF