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10 09 2018 01

The Spanish rail vehicle manufacturer Construcciones y Auxiliar de Ferrocarriles (CAF) has completed their takeover of the Polish electric bus manufacturer Solaris Bus & Coach. On the 4th of September, CAF received all shares from Solaris. The Polish government will receive 35% ownership, which was negotiated beforehand.

The deal with the Polish government retaining a 35% minor ownership of the company was negotiated by the Polish development fond Polski Fundusz Rozwoju (PFR) ahead of the deal, and the transfer between CAF and the Polish authorities will take place in the next weeks.

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