Deal: Trade sale
Company sold: Deutsche Waggonbau
Buyer: Bombardier, Canada
Completed: February 2 1998
Adviser: Advent International
The last thing you might expect to hear, when telephoning Deutsche Waggonbau (DWA), the train rolling-stock manufacturer based in east Berlin, is calypso music. But that’s what you get when waiting to talk to one of their busy staff. The party mood is quite appropriate.
The company has long been heralded as one of the few success stories to have emerged from the mire of east German industry.
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