Wabtec expands rail automation capabilities

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Wabtec Corporation has announced the acquisition of Austria-based Frauscher Sensor Technology from France’s Groupe Delachaux for €675 mln. The transaction is subject to customary closing conditions and regulatory approvals. Only this year, Frauscher is expected to generate approximately €145 mln in revenue.


Founded in 1987, Frauscher is a leading supplier of axle counting systems and wheel detection sensors for rolling stock. The company claims a 45% share of the global axle counting market, having delivered more than 350,000 sensors to over 100 countries worldwide.


#Frauscher’s manufacturing facilities have the capacity to produce up to 50,000 sensors annually. The company employs more than 600 staff across 15 countries on four continents.


This latest acquisition follows #Wabtec’s recent purchase of the inspection technologies division from Evident for nearly $1.8 bln, further strengthening the group’s position in the railway automation and diagnostics sector (see https://lnkd.in/e4wVd4jW for details).


Image: Frauscher/ ROLLINGSTOCK

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