Wabtec Corporation Acquires Fanox and Kompozitum
November 12, 2024
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.
- Buyers
- Wabtec Corporation
- Targets
- Fanox Electronic, S.L., KOMPOZITUM s.r.o.
- Industry
- Manufacturing
- Location
- Spain
- Transaction Type
- Buyout
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