Pittsburgh, Pa.-based Wabtec Corporation on July 7 reported entering into a definitive agreement to acquire Austria-based Frauscher Sensor Technology Group GmbH (Frauscher), a supplier of train detection, wayside object control systems, and wheel sensors and axle counters, for an enterprise value of €675 million in cash. Late on Dec. 1, Wabtec announced finalizing the acquisition.
Wabtec Corporation “delivered another strong quarter, highlighted by margin expansion and double-digit earnings per share growth,” President and CEO Rafael Santana said July 24 in a second-quarter 2025 financial report. He noted that
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