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
Pittsburgh, Pa.-based Wabtec Corporation on Jan. 14 announced a definitive agreement to acquire Evident’s Inspection Technologies division (Inspection Technologies) for $1.78 billion. The purchase was finalized July 1. Inspection Technologies, headquartered near Boston,
