Wabtec Corporation announced the strategic acquisition of Fanox and Kompozitum to enhance its Transit Business and drive long-term profitable growth.

Information on the Target

Wabtec Corporation has recently announced two strategic acquisitions: Fanox Electronic, S.L. and Kompozitum. These companies will enhance Wabtec's Transit Business by broadening its technological capabilities and expanding its product offerings. Fanox is renowned for its design and manufacturing of protection relays and communication devices for Medium-Voltage applications, particularly known for the reliability of its self-powered relay products. Meanwhile, Kompozitum is recognized for its innovative machined carbon and graphite components, further cementing Wabtec’s position in high-quality materials.

The acquisition of these two companies represents a significant opportunity for Wabtec to diversify its customer base and create recurring revenue streams. By integrating Fanox and Kompozitum into its Transit Business, Wabtec aims to enhance its product portfolio, setting the stage for long-term profitable growth.

Industry Overview

The transit industry, particularly in the United States, is experiencing transformative changes driven by technological advancements and the increasing need for sustainable solutions. Recent trends emphasize t