Topic : Faiveley Transport

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Wabtec completes majority ownership of Faively Transport

Rail| December 1, 2016

The combination creates one of the world's largest public rail equipment companies, with revenues of about $4.2 billion and a presence in all key transit and freight rail markets worldwide.

Wabtec, Faiveley receive request for information from U.S. DOJ

Rail| November 3, 2015

The second request is a standard part of the regulatory review process of Wabtec's acquisition of Faiveley under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and was expected by both companies.

Rail| October 7, 2015

Wabtec acquires Faiveley Transport

The strategic combination will create one of the world’s largest public rail equipment companies, with revenues of about $4.5 billion and a presence in all key freight rail and passenger transit geographies worldwide. 

Management & Operations| July 29, 2015

Wabtec to acquire Faiveley Transport

The total purchase price is about $1.8 billion, including assumed debt. Wabtec plans to fund the cash portion of the transaction with cash on hand, existing credit facilities and potentially other debt financing.

Rail| March 24, 2010

Faiveley, Bombardier win Toronto Tramway contract

Will supply brake system, doors and air conditioning units. Part of the equipment will be delivered to the Bombardier Transport factory in Ontario between December 2010 and January 2011.

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