Wabtec - M&A Summary and Business Overview

MachineryCompany

Wabtec M&A Summary

Wabtec has acquired 52 companies, including 12 in the last 5 years. A total of 15 acquisitions came from private equity firms. It has also divested 3 assets.

Wabtec’s largest acquisition to date was in 2018, when it acquired GE Transportation for $11.1B. Wabtec has acquired in 13 different US states, and 14 countries. The Company’s most targeted sectors include machinery (28%) and manufacturing (23%).

Wabtec Business Overview

Where is Wabtec headquartered?

Wabtec is headquartered in Pittsburgh, Pennsylvania.

What is Wabtec’s revenue?

Wabtec disclosed revenue of 10,387M USD for 2024 and 9,677M USD for 2023.

How many employees does Wabtec have?

Wabtec has 29,500 employees.

What sector is Wabtec in?

Wabtec is a machinery company.

When was Wabtec founded?

Wabtec was founded in 1869.

M&A Summary

  • M&A Total Activity51
    • M&A Buy Activity48
    • M&A Sell Activity3
  • Total Sectors Invested 14
  • Total Countries Invested 14
  • M&A Buy/Sell Connections 26
  • M&A Advisors 2

Wabtec

Wabtec Corp.

30 Isabella Street,
Pittsburgh, Pennsylvania 15212
United States,
(412) 825-1000
www.wabteccorp.com

Wabtec is a provider of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars, and passenger transit vehicles. Wabtec builds new switcher and commuter locomotives and provides aftermarket services, including locomotive and freight car fleet maintenance. Wabtec was formed in 1869 and is based in Pittsburgh, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (2.0/yr) # 38 1 3 1 3 2 48
vol $12.3B $400M $34M $230M $69M $2.7B $15.8B
Sell (0.4/yr) # 1 1 1 - - - 3
  51

Most Recent M&A

Company Date Value Type
Dellner Couplers AB 2025-03-18 960M USD Add-on Acquisition
Falun, Sweden · www.dellner.com
Evident - Inspection Technologies Division 2025-01-14 1.8B USD Divestiture
, United States
Bloom Engineering, Inc. 2024-12-30 69M USD Add-on Acquisition
Pittsburgh, Pennsylvania · www.bloomeng.com
Kompozitum s.r.o. 2024-11-12 - Add-on Acquisition
Bratislava, Slovakia · www.kompozitum.com
Fanox Electronic S.L. 2024-11-12 - Add-on Acquisition
Derio, Spain · www.fanox.com
L&M Radiator, Inc. 2023-06-16 230M USD Add-on Acquisition
Street Hibbing, Minnesota · www.mesabi.com
Collins Aerospace - ARINC Rail Solutions Business 2022-06-16 - Divestiture
West Palm Beach, Delaware
Trimble, Inc. - Beena Vision Business 2022-04-20 - Divestiture
Sunnyvale, California
Wabtec - FLXdrive Battery-Electric Locomotive 2022-01-28 - Divestiture
Wilmerding, Pennsylvania
MASU - Railway Friction Business 2022-01-04 34M USD Divestiture
Delhi, India
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 13 (27%) 937M (6%) - -
Manufacturing 11 (23%) 1.1B (7%) - -
Electrical Equipment 8 (17%) 538M (3%) 1 (33%) -
Automotive 4 (8%) 99M (1%) - -
Transportation 2 (4%) 11.3B (72%) 1 (33%) -
Technology Hardware 2 (4%) - - -
Business Services 1 (2%) 1.8B (11%) - -
Construction 1 (2%) - - -
Electronics 1 (2%) - - -
Engineering 1 (2%) 40M (< 1%) - -
Information Technology 1 (2%) - - -
Marketing 1 (2%) - - -
Safety/Security 1 (2%) - - -
Test/Measurement Equipment 1 (2%) - - -
Internet Software and Services - - 1 (33%) -
Total 48 $15.8B 3 -

By Geo

State/Country Buy Value Sell Value
United States 25 14.4B 3 -
  Pennsylvania 5 69M 3 -
  Illinois 4 11.5B - -
  California 3 74M - -
  Ohio 2 36M - -
  North Carolina 2 - - -
  Wisconsin 1 400M - -
  Texas 1 - - -
  Tennessee 1 - - -
  Missouri 1 - - -
  Minnesota 1 230M - -
  Florida 1 40M - -
  Delaware 1 - - -
United Kingdom 5 79M - -
Canada 3 - - -
  Ontario 3 - - -
Australia 2 - - -
Brazil 2 - - -
Germany 2 52M - -
Italy 2 80M - -
Belgium 1 - - -
France 1 212M - -
India 1 34M - -
Netherlands 1 - - -
Slovakia 1 - - -
Spain 1 - - -
Sweden 1 960M - -
Domestic 25 (52%) 14.4B (91%) 3 (100%) -
Cross-border 23 (48%) 1.4B (9%) - -
Total 48 $15.8B 3 -

Top M&A Advisors

Financial Deals
Goldman Sachs
1
Legal Deals
Jones Day
2

Deal Values

buy # Total
> $1B 2 $12.9B
$100M to $1B 6 $2.3B
< $100M 11 $581M
TOTAL $15.8B
Largest GE Transportation
$11.1B (2018-05-21)

M&A Connections

Deals
Acquired from
Investor(s)
23%
11 (23%)
Strategic(s)
19%
9 (19%)
Divested to
Strategic(s)
100%
3 (100%)

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