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Wabtec Acquires Frauscher For Smarter Rails, Wider Global Footprint - Westinghouse Air Brake (NYSE:WAB)

Summary by Benzinga
Wabtec Corporation to acquire Frauscher Sensor Technology Group GmbH for 675 million euros, adding train detection systems and expanding global presence.

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The Upper Austrian railway sensor manufacturer Frauscher Sensortechnik changes ownership.

·Vienna, Austria
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  • 67% of the sources are Center
67% Center
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Benzinga broke the news in New York, United States on Monday, July 7, 2025.
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