(Il Sole 24 Ore Radiocor) - Milano, 14 mag - The German industrial conglomerate Siemens said its Siemens Mobility business has agreed to acquire several key businesses of Mermec Group, an Italian high-tech leader in railway signaling, electrification, diagnostics and measurement technologies.

Financial details of the transaction, for which closing is expected by the end of 2026, were not disclosed.

'By combining Mermec's technological expertise and market access with Siemens Mobility's global presence and technology leadership, we are strengthening our capabilities in diagnostics, asset-intelligence and signaling capabilities.

This step expands our industrial footprint in Italy within our world-leading signaling business and significantly enhances our global diagnostics portfolio,' said Michael Peter, CEO of Siemens Mobility.

Siemens said the businesses being acquired have about 1,700 employees, serve customers in over 70 countries and generated.

about 430 million euros in revenue in 2025.

(RADIOCOR) 14-05-26 11:36:30 (0299) 5 NNNN