Alstom acquires Qingdao Sizhou

Alstom has acquired Chinese boiler auxiliaries company Qingdao Sizhou, which provides bottom ash handling systems and related services, used in the coal-fired power generation process.

Sizhou has long-term relationships with Chinese utilities, and over 500 power plants use Sizhou’s equipment. With sales of more than €50m in 2006, Sizhou employs over 1,100 employees, including 170 engineers and 60 sales staff. It is located on a recently built 180,000m2 facility in Shandong province.

According to Alstom, Sizhou’s engineering, service and manufacturing facilities, together with its sales network, will allow the company to quickly expand its presence in the Chinese boiler, environmental products and services market.

The new company, Alstom Sizhou, will also provide a low-cost manufacturing base for Alstom’s global supply chain.