Wabtec Corporation acquires Fanox Electronic, S.L. & Kompozitum to strengthen its Transit Business
Acquiring Company
Westinghouse Air Brake Technologies
Acquired Company
FANOX
Pittsburgh
TopolcanyManufacturingTransportationManufacturingManufacturingDescription
Wabtec Corporation (NYSE: WAB) announced a strategic investment in its Transit Business with the acquisitions of Fanox and Kompozitum. These acquisitions are aimed at expanding Wabtec’s capabilities, product portfolio, and customer base, positioning the business unit for long-term profitable growth and providing customers with next-generation solutions that improve efficiency, performance, and reliability.
Quick answer
Westinghouse Air Brake Technologies is acquiring FANOX and KOMPOZITUM, announced November 12, 2024. Westinghouse Air Brake Technologies is based in Pittsburgh, Pennsylvania, United States.
- How much did Westinghouse Air Brake Technologies pay for FANOX?
- The deal value was not disclosed.
- What does Westinghouse Air Brake Technologies do?
- Westinghouse Air Brake Technologies Corporation operates in the transportation and rail industry, specializing in the manufacturing of advanced braking systems and related products for rail and transit vehicles.
- Where are Westinghouse Air Brake Technologies and FANOX based?
- Westinghouse Air Brake Technologies is based in Pittsburgh, Pennsylvania, United States.
- Who are the decision-makers at Westinghouse Air Brake Technologies?
- Fundz holds 4 contacts at Westinghouse Air Brake Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Westinghouse Air Brake Technologies, and when
When Westinghouse Air Brake Technologies changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Westinghouse Air Brake Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired FANOX?
FANOX was acquired by Westinghouse Air Brake Technologies, based in Pittsburgh. The deal was reported on November 12, 2024. Westinghouse Air Brake Technologies Corporation operates in the transportation and rail industry, specializing in the manufacturing of advanced braking systems and related products for rail and transit vehicles. Westinghouse Air Brake Technologies is publicly traded (WAB) and operates in Manufacturing.
When did Westinghouse Air Brake Technologies acquire FANOX?
Westinghouse Air Brake Technologies's acquisition of FANOX was reported on November 12, 2024. Wabtec Corporation (NYSE: WAB) announced a strategic investment in its Transit Business with the acquisitions of Fanox and Kompozitum. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FANOX do?
Fanox is a global leader in designing and manufacturing protection relays and communication devices for Medium-Voltage (MV) applications. It is privately held, operating in Manufacturing.
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