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Wabtec, Inspection Technologies
Wabtec to acquire Evident’s Inspection Technologies division
Pittsburgh-based Wabtec Corp., a provider of equipment, systems, and services for the freight and transit rail industries, as well as the mining, marine, and industrial markets, has announced a definitive agreement to acquire Evident’s Inspection Technologies division, based in Boston.
Wabtec To Buy Evident's Inspection Technologies Unit For $1.78 Bln
Westinghouse Air Brake Technologies Corp. (WAB), or Wabtec, Tuesday announced the decision to acquire Evident's Inspection
Wabtec to Buy Evident's Tech Division for $1.78 Bln
Wabtec inked a deal to purchase Evident's Inspection technologies division for $1.78 billion, adding advanced automated inspection capabilities to its portfolio. The provider of equipment for rail and other industries on Tuesday said the transaction positions the company for accelerated and profitable growth.
Wabtec signs $1.78bn deal to acquire Evident’s Inspection Technologies
US-based rail manufacturer Wabtec has agreed to acquire Evident's Inspection Technologies division for $1.78bn. The acquisition is expected to double Wabtec's total addressable market from approximately $8bn to $16bn.
Wabtec announces $1.78B acquisition of Evident's Inspection Technologies Division
Wabtec Corp. announced it had signed a definitive agreement to acquire a Boston-based company's safety technology division for $1.78 billion. The North Shore-based railroad technologies company expects to acquire Evident's Inspection Technologies division by the end of the first half of 2025.
Nasdaq
16d
Wabtec acquires Bloom Engineering for $69M cash in ‘immediately accretive’ deal
Wabtec
(WAB) announced it has acquired Bloom Engineering This acquisition strengthens
Wabtec
’s portfolio of heat transfer and energy solutions, integrating Bloom Engineering’s advanced ...
1d
Wabtec Boosts Digital Solutions Business with $1.78 Billion Strategic Buy
Westinghouse Air Brake Technologies Corp (WAB) to acquire Evident's Inspection Technologies division for $1.78B, expected to ...
5d
Wabtec stock outperforms market despite losses on the day
Wabtec closed $18.64 below its 52-week high ($207.51), which the company achieved on December 9th.
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