M&A Deal Summary

Wabtec Acquires Aero Transportation Products

On March 14, 2017, Wabtec acquired manufacturer Aero Transportation Products

Acquisition Highlights
  • This is Wabtec’s 7th transaction in the Manufacturing sector.
  • This is Wabtec’s 16th transaction in the United States.
  • This is Wabtec’s 1st transaction in Missouri.

M&A Deal Summary
Date 2017-03-14
Target Aero Transportation Products
Sector Manufacturing
Buyer(s) Wabtec
Deal Type Add-on Acquisition

Target

Aero Transportation Products

Independence, Missouri, United States
Aero Transportation Products, Inc. is a manufacturer of fiberglass, aluminum, and steel covering systems for covered hopper railroad freight cars. These covered hopper cars are used by rail shippers to transport bulk commodities such as grain, cement, fertilizers, foods, and sand all over the world.

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Buyer(S) 1

Buyer

Wabtec

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1869
Sector Machinery
Employees29,000
Revenue 9.7B USD (2023)
DESCRIPTION

Wabtec is a provider of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars, and passenger transit vehicles. Wabtec builds new switcher and commuter locomotives and provides aftermarket services, including locomotive and freight car fleet maintenance. Wabtec was formed in 1869 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 32 of 45
Sector (Manufacturing) 7 of 9
Type (Add-on Acquisition) 28 of 37
State (Missouri) 1 of 1
Country (United States) 16 of 23
Year (2017) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-20 Workhorse Rail

Pittsburgh, Pennsylvania, United States

Workhorse Rail LLC is a designer and supplier of freight car parts for the North American rail industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 Thermal Transfer

Duquesne, Pennsylvania, United States

Thermal Transfer Corp. is a manufacturer of heat exchangers and related components for a variety of industrial markets. The company focuses on providing innovative and durable products in industrial applications where high temperatures and corrosive elements are present.

Buy -
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