Siemens Mobility completes Yunex Traffic divestment

Jun 30, 2022

Atlantia S.p.A. finalizes the acquisition of Yunex Traffic from Siemens Mobility for €950 million

Siemens Mobility has successfully completed the sale of Yunex Traffic to Atlantia S.p.A. for €950 million. In January 2022, Siemens had announced the contract signing to sell the Intelligent Road Infrastructure and Traffic Solutions Business to Atlantia S.p.A. Following the required approvals by the relevant authorities, the transaction has closed as of June 30, 2022.

“The sale of Yunex Traffic is an important step that not only provides the best situation for Yunex Traffic to grow, but also sharpens our strategy in being a focused technology company in rail transportation,” said Karl Blaim, Managing Director and Chief Financial Officer at Siemens Mobility. “As part of Atlantia, Yunex Traffic will be perfectly positioned to actively shape the market and break new ground in traffic management.”

Siemens Mobility will continue to focus on shaping the future of rail transportation through its core areas of rolling stock, rail automation and electrification, services, turnkey systems and software platforms.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers.