Integrated Power Services Acquires Assets of Swiger Coil Systems from Wabtec Corporation

April 12, 2024

Integrated Power Services (IPS) has acquired the assets of Swiger Coil Systems from Wabtec Corporation, adding Swiger's Cleveland manufacturing facility and coil/traction motor remanufacturing capabilities to IPS's North American service network. The acquisition expands IPS's manufacturing and repair capabilities for electric coils and traction motors, increasing its traction motor service network and supporting customers across transportation, mining and power-generation markets. Financial terms were not disclosed.

Buyers
Integrated Power Services (IPS)
Targets
Swiger Coil Systems
Sellers
Wabtec Corporation
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Divestiture

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