Wabtec Expands Its Presence in Advanced Inspection Technologies. This was reported by the railway transport news portal Railway Supply.

The American company Wabtec has announced its acquisition of Evident’s Japanese division for $1.8 billion.
Photo: Evident

The American company Wabtec has announced its acquisition of Evident’s Japanese division for $1.8 billion. The deal is expected to close mid-year after receiving necessary regulatory approvals.

How Wabtec Expands Its Markets Through Innovation?

This acquisition will enable Wabtec to double its addressable markets, reaching a total of $16 billion. The company plans to enhance its position in digital solutions by integrating advanced inspection technologies. These innovations streamline processes, improve infrastructure diagnostics, and increase operational safety.

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Inspection Technologies specializes in developing automated systems for inspecting rail tracks, wheels, and welded joints. For example, the PASAWIS ultrasonic system, presented at InnoTrans 2024, ensures accurate diagnostics of wheelsets. Such solutions help detect potential defects early, reducing risks and maintenance costs.

The Economic Benefits of Wabtec’s Acquisition

The acquired division includes four production facilities located in North America and Japan. With 1,300 employees, this unit demonstrates a strong capability to meet industry demands. Its 2024 projected revenue of $433 million highlights its financial potential and value to Wabtec.

By integrating these technologies, Wabtec strengthens its leadership in providing advanced solutions for the railway sector. This acquisition allows the company to deliver innovative and efficient products to its global clients.

Wabtec remains committed to developing technologies that enhance safety, quality, and operational efficiency for the global railway industry.

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