Wabtec Completes Frauscher Sensor Technology Group Acquisition

Key Takeaways Wabtec closed the acquisition of Frauscher, adding train detection and axle counting expertise.The deal is expected to be immediately accretive, enhancing growth, margins, ROIC and first-year EPS.Frauscher buyout broadens WAB's Digital Intelligence reach and access to the high-growth signaling market.Wabtec Corporation (WAB) announced that it has completed the acquisition of Frauscher Sensor Technology Group GmbH (Frauscher) for an enterprise value of €675 million in cash.  The purchase price ...