Wabtec Acquires Bloom Engineering for $69M

Wabtec Acquires L&M Radiator, Inc.

June 16, 2023

Manufacturing

Wabtec Corporation has acquired L&M Radiator, Inc., a Hibbing, Minnesota–based manufacturer of heavy‑duty equipment radiators and heat exchangers, for $230 million in cash. The acquisition expands Wabtec's thermal management and mining product capabilities and is expected to be immediately accretive to EPS while delivering synergies over the next three years.

Watts Water Technologies Acquires Superior Boiler

November 18, 2025

Manufacturing

Watts Water Technologies, through its subsidiaries, has completed the acquisition of Superior Boiler, a designer and manufacturer of customized steam and hot water boilers used in commercial, institutional and industrial applications. The deal (funded with cash on hand) brings Superior's portfolio and capabilities into Watts' plumbing, heating and water-quality product lines to expand custom boiler offerings and drive cross-selling opportunities.

Wabtec Corporation Acquires Nordco from Greenbriar Equity Group

March 23, 2021

Transportation

Wabtec Corporation has signed a definitive agreement to acquire Nordco, a North American supplier of maintenance-of-way equipment, from Greenbriar Equity Group for $400 million in cash. The acquisition expands Wabtec’s maintenance-of-way and railcar mover offerings, adds Nordco’s aftermarket and inspection technology capabilities, and is expected to be immediately accretive to EBITDA and cash flow while delivering cost synergies.

Wabtec Corporation Acquires Fanox and Kompozitum

November 12, 2024

Manufacturing

Wabtec Corporation announced the acquisition of Fanox and Kompozitum for a combined $110 million in cash to strengthen its Transit Business. The deals add protection-relay technology and carbon/graphite manufacturing capabilities to Wabtec’s pantograph and on-board systems, supporting capability expansion and expected accretive growth.

Kubota North America Corporation Acquires Bloomfield Robotics, Inc.

September 11, 2024

Agriculture

Kubota North America Corporation, a subsidiary of Kubota Corporation, has acquired Bloomfield Robotics, a Pittsburgh-based agritech company that uses advanced imaging and AI to monitor plant-level health for specialty crops. The acquisition adds Bloomfield's camera hardware and SaaS analytics capabilities to Kubota's smart agriculture strategy, accelerating its offering for specialty crop growers (grapes, blueberries, tree nuts) and enabling tighter integration with farm equipment.

Wabtec Acquires Evident's Inspection Technologies Division

July 1, 2025

Industrial Services

Wabtec Corporation completed the acquisition of Evident's Inspection Technologies division (formerly part of Olympus' Scientific Solutions) for $1.78 billion, expanding Wabtec's Digital Intelligence business. The deal strengthens Wabtec's inspection and diagnostic capabilities (non-destructive testing, remote visual inspection, analytical instruments), broadens its end-markets (rail, mining, industrial) and is expected to be accretive to margins and EPS over time.