De Dietrich is a holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 based in France

France

The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 which traces its history back to the early 17th century. It was active in the automobile, railway and industrial machines industry. It sold it holding stake in De Dietrich Ferroviaire

De Dietrich Ferroviaire

De Dietrich Ferroviaire is a French manufacturer of railway rolling stock based in Reichshoffen, France. It was formed as a division of the De Dietrich group, which has a ....

 to Alstom

Alstom

Alstom is a large multinational conglomerate which holds interests in the power generation and transport markets. According to the company website, in the years 2010-2011 Alstom had annual sales of over €20.9 billion, and employed more than 85,000 people in 70 countries. Alstom's headquarters are...

 in 1990. It currently has interests in heating equipments for chemical industry, and from 2004 merged with the Dutch

Netherlands

The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

 company Remeha to from the Apeldoorn

Apeldoorn

Apeldoorn is a municipality and city in the province of Gelderland, about 60 miles south east of Amsterdam, in the centre of the Netherlands. It is a regional centre and has 155,000 . The municipality of Apeldoorn, including villages like Beekbergen, Loenen and Hoenderloo, has over 155,000...

 head quartered De Dietrich Remeha

De Dietrich Remeha

De Dietrich Remeha is one of Europe's biggest manufacturers and distributors of domestic and commercial water and space heating systems. Headquartered in Apeldoorn in the Netherlands, it was founded in July 2004 after a merger between the Dutch firm Remeha, and the French firm De Dietrich Thermique...

.