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Wabtec Acquires Masu’S Railway Friction Business

PUBLIC · WABJan 04, 2022

Acquiring Company

Westinghouse Air Brake Technologies

Acquired Company

MASU

PittsburghManufacturingTransportation

Description

Wabtec Corporation (NYSE: WAB) today announced it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry. The acquisition, which has received necessary regulatory approvals and is subject to customary closing conditions, will expand Wabtec’s installed base and accelerate growth across its brake product portfolio.

Quick answer

Westinghouse Air Brake Technologies is acquiring MASU, announced January 4, 2022. Westinghouse Air Brake Technologies is based in Pittsburgh, Pennsylvania, United States.

How much did Westinghouse Air Brake Technologies pay for MASU?
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 MASU 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.

Other recent acquisitions in Transportation and Manufacturing

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Company Information

Company

Westinghouse Air Brake Technologies

Location

30 Isabella Street

Pittsburgh, Pennsylvania, United States

About

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. The company provides a wide range of products including air brake systems, controls, and other components essential for the safe operation of trains. With a significant presence in the North American market, Westinghouse serves various rail companies and transit authorities, contributing to improvements in safety and operational efficiency. The company is based in Pittsburgh, Pennsylvania, and is publicly traded on the New York Stock Exchange under the symbol WAB. Recent strategic focuses include innovations in braking technology and expanding its service offerings to enhance customer support.

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Frequently asked

Who acquired MASU?

MASU was acquired by Westinghouse Air Brake Technologies, based in Pittsburgh. The deal was reported on January 4, 2022. 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 MASU?

Westinghouse Air Brake Technologies's acquisition of MASU was reported on January 4, 2022. Wabtec Corporation (NYSE: WAB) today announced it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MASU do?

MASU is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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