M&A Deal Summary

Wabtec Acquires Bach-Simpson

On July 14, 2010, Wabtec acquired test/measurement equipment company Bach-Simpson from Global Railway

Acquisition Highlights
  • This is Wabtec’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Wabtec’s 2nd transaction in Canada.
  • This is Wabtec’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2010-07-14
Target Bach-Simpson
Sector Test/Measurement Equipment
Buyer(s) Wabtec
Sellers(s) Global Railway
Deal Type Divestiture

Target

Bach-Simpson

London, Ontario, Canada
Bach-Simpson Corp., is a supplier of safety-related instrumentation for locomotives and transit cars, such as event data recorders and speed indicators. Founded in 1946, the company's customers include railroads, transit authorities and original equipment builders of locomotives and transit cars.

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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 9 of 45
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 3 of 7
State (Ontario) 2 of 3
Country (Canada) 2 of 3
Year (2010) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-14 G&B Specialties

Berwick, Pennsylvania, United States

G&B manufactures a variety of track and signaling products, including electric switch components, switch machine layouts, electric locks, junction boxes and railgear equipment. Customers include railroads and original equipment manufacturers of track and signal infrastructure.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-08 Swiger Coil Systems

Cleveland, Ohio, United States

Swiger Coil Systems, is a manufacturer of traction motors and electric coils for rail and power generation markets.

Buy -

Seller(S) 1

SELLER

Global Railway

Pittsford, New York, United States

Category Company
Sector Automotive
DESCRIPTION

Global Railway is rail maintenance and accessory industry. Global Railway is a seller of remanufactured locomotive engines, locomotive components, and power generation units. Global Railway is based in Pittsford, New York.


DEAL STATS #
Overall 2 of 2
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-14 G&B Specialties

Berwick, Pennsylvania, United States

G&B manufactures a variety of track and signaling products, including electric switch components, switch machine layouts, electric locks, junction boxes and railgear equipment. Customers include railroads and original equipment manufacturers of track and signal infrastructure.

Sell -