WAB - Mergers and acquisitions

Addition strengthens Wabtec's Transit portfolio Drives innovation, productivity, safety and reliability for passenger rail Wabtec Corporation (NYSE:WAB) announced today that it completed the acquisition of Dellner Couplers, a Sweden-based global leader in highly engineered safety-critical train connection systems and services for passenger rail rolling stock. This acquisition brings highly attractive and complementary technologies to Wabtec and positions the Company for accelerated, profitable growth, while strengthening its portfolio of mission-critical passenger rail systems. "The addition of Dellner Couplers marks a major step forward in strengthening our Transit business and ex

Wabtec Corporation (NYSE:WAB) announced today that it completed the acquisition of Evident's Inspection Technologies division (Inspection Technologies), formerly part of the Scientific Solutions Division of Olympus Corporation, a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets. This acquisition strengthens Wabtec's Digital Intelligence business with industry-leading inspection technologies that enhance customer productivity, reliability, and safety, while also positioning the company for accelerated, profitable growth. "Today, we are a stronger company with the addition of Inspection Technologies," said Ra

Wabtec Corporation (NYSE:WAB) announced today it has acquired Bloom Engineering, Inc., a leading provider in industrial heating applications. This acquisition strengthens Wabtec's portfolio of heat transfer and energy solutions, integrating Bloom Engineering's advanced technologies in burners, combustion systems, and overall services for industrial and process heating applications. The combination of Bloom Engineering with Wabtec's existing portfolio of products and services will accelerate global growth in this highly profitable segment, while providing increased value to its worldwide customer base. "This is another exciting addition to Wabtec," said Mike Fetsko, President of Wabtec's F

The CBH Group (CBH) has entered into an agreement with Wabtec Corporation (NYSE:WAB) to acquire 17 narrow-gauge locomotives, marking a significant investment in expanding the co-operative's rail fleet as part of the ‘Path to 2033 Strategy'. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230629062633/en/ Wabtec, a leading global provider of equipment, systems and digital solutions for the freight and transit rail sectors, will build 17 CM20ACi dual-cab, diesel-electric locomotives for CBH. The first tranche of five locomotives will arrive in Australia in the March quarter of 2026 and will be operational soon after. The followin

Strategic Combination to Accelerate Global Growth with Extension of Wabtec's Mining Product Portfolio Wabtec Corporation (NYSE:WAB) announced today it has acquired L&M Radiator, Inc., a leading manufacturer of heavy-duty equipment radiators and heat exchangers. "We are excited to welcome L&M Radiator to Wabtec," said Mike Fetsko, President of Wabtec's Freight & Industrial Components business. "This transaction will further Wabtec's presence in premium heat transfer solutions and will extend and complement Wabtec's mining products portfolio. In addition, L&M's technology further enhances Wabtec's mission to develop clean energy solutions for operations in mining." Through this acquisit

Wabtec Corporation (NYSE:WAB), a leading global supplier for freight and transit rail, announced today a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support rail operations. Super Metal is one of the leading Brazilian companies in the maintenance of way segment in the rail industry. This acquisition complements our Nordco acquisition and accelerates our strategy to expand into international markets. The financial terms of the acquisition were not disclosed. "Super Metal's solutions and equipment for railway maintenance of way have synergy with Wabtec's Services portfolio," said Danilo Miyasato, President & Regional General Mana

Wabtec Corporation (NYSE:WAB), a leading global supplier for freight and transit rail, has acquired Collins Aerospace's ARINC rail solutions business segment, a provider of intelligence-based rail dispatch and back-office solutions. The financial terms of the acquisition were not disclosed. "ARINC's rail solutions systems, coupled with Wabtec's digital and electronics portfolio, will accelerate the industry's journey of rail optimization," said Nalin Jain, President of Wabtec's Digital Electronics business. "Our combined technologies will optimize the rail network and deliver a rail ecosystem with increased productivity, efficiency and safety." ARINC's rail solutions business supports tra