On January 29, 2021, Alstom took over Bombardier Transportation. More than 120 years of Swiss railway history are bundled in the company today. The local predecessor companies of Alstom's Swiss subsidiary date back to the end of the 19th century. For example the Maschinenfabrik Oerlikon (MFO), the Schweizerische Lokomotiv- und Maschinenfabrik (SLM) in Winterthur or the railway business of the BBC and later ABB. In the course of the consolidation of the Swiss and international manufacturers of rolling stock, Bombardier Transportation Switzerland, and thus today Alstom, grew to become one of the most important producers in the country. The Alstom production facility for the manufacture of railway wagons for the Swiss market in Villeneuve / VD even dates back to the establishment of a mechanical engineering company in 1842.