Add-on Acquisition • Technology Hardware

Wabtec Acquires ANNAX Anzeigesysteme

On March 26, 2018, Wabtec acquired technology hardware company ANNAX Anzeigesysteme

Acquisition Context
  • This is Wabtec’s 2nd transaction in the Technology Hardware sector.
  • This is Wabtec’s 2nd transaction in Germany.

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M&A Deal Summary

Date March 26, 2018
Target ANNAX Anzeigesysteme
Sector Technology Hardware
Buyer(s) Wabtec
Deal Type Add-on Acquisition

Target Company

ANNAX Anzeigesysteme

Brunnthal, Germany
Annax is a provider of public address and passenger information systems (PAPIS) for transit vehicles. ANNAX Anzeigesysteme was founded in 1996 and is based in Brunnthal, Germany.
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Buyer Overview 1

Buyer

Wabtec

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1869
Sector Machinery
Employees29,500
Revenue 10.4B USD (2024)
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 Context for Buyer #
Overall 36 of 49
Sector: Technology Hardware 2 of 3
Type: Add-on Acquisition 32 of 39
Country: Germany 2 of 2
Year: 2018 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Melett

South Yorkshire, United Kingdom

Melett Ltd. is a designer, manufacturer and supply of high-quality turbochargers and replacement parts to the turbocharger aftermarket. Melett was founded in 1995 and is based in South Yorkshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-21 GE Transportation

Chicago, Illinois, United States

GE Transportation is a supplier of equipment, services and digital solutions to the rail, mining, marine, stationary power and drilling industries.

Buy $11.1B