EQT to sell Dellner Couplers to Wabtec

Core Viewpoint - EQT has signed a definitive agreement to sell Dellner Couplers to Wabtec Corporation for approximately EUR 890 million, highlighting Dellner's significant role in the rail industry and its growth potential under Wabtec's platform [1][4]. Company Overview - Dellner Couplers is a global leader in train connection systems, providing safety-critical components and services to rail manufacturers and operators worldwide, with a strong presence in Europe, North America, and Asia [2]. - Founded in 1941 in Vika, Sweden, Dellner has evolved from a family-owned business into a trusted partner in the global rail industry, offering a diverse product portfolio that includes couplers, gangways, dampers, and aftermarket services [2]. Recent Developments - Since EQT's acquisition of Dellner in 2019, the company has enhanced its commercial organization and product portfolio through strategic acquisitions and investments in research and development [3]. - Dellner has improved its sustainability credentials by implementing higher environmental standards across its operations and supply chain, which has strengthened its market position [3]. Leadership Insights - Nils Ketter from EQT emphasized Dellner's importance in the train connection market and its contribution to greener mobility, expressing gratitude for the team's dedication and innovation [4]. - Fredric Håkansson, CEO of Dellner, acknowledged EQT's support during a transformational period and expressed optimism about future innovations and customer solutions as part of Wabtec [4]. Transaction Details - The transaction is subject to customary conditions and regulatory approvals, indicating a standard process for such corporate acquisitions [4].