US EditionWabtec Finalizes Frauscher Sensor Technology Group Acquisition
8 Articles
8 Articles
Wabtec completes acquisition of Austrian signaling company
Wabtec has completed its acquisition of Frauscher Sensor Technology Group, which makes wayside sensor systems. Wabtec PITTSBURGH — Wabtec has strengthened its Digital Intelligence business by finalizing the acquisition of Frauscher Sensor Technology Group GmbH, a signaling technology company that offers train detection, wayside object control solutions, and axle counting systems. “This strategic acquisition is another step in executing Wabtec’s …
Wabtec announced the completion of the acquisition of Frauscher Sensor Technology Group GmbH, a global leader in train detection technology solutions, wayside systems and axle counting technologies. The transaction is valued at EUR 675 million in cash, and Frauscher is expected to generate revenue of EUR 145 million this year. The integration of Frauscher strengthens Wabtec’s Digital Intelligence division, adding advanced and complementary railw…
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