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Wabtec Corp.

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. 

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.

Wabtec to supply Sound Transit with PTC for $34M

Will provide its Interoperable Electronic Train Management System equipment and installation for 16 locomotives and 18 passenger transit cab cars as well as signal design and communications, mapping and systems integration.

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