M&A Deal Summary

Wabtec Acquires Fanox

On November 12, 2024, Wabtec acquired electrical equipment company Fanox

Acquisition Highlights
  • This is Wabtec’s 8th transaction in the Electrical Equipment sector.
  • This is Wabtec’s 1st transaction in Spain.

M&A Deal Summary
Date 2024-11-12
Target Fanox
Sector Electrical Equipment
Buyer(s) Wabtec
Deal Type Add-on Acquisition

Target

Fanox

Derio, Spain
Fanox is a provider of designing and manufacturing protection relays and communication devices for Medium-Voltage (MV) applications. Fanox was formed in 1992 and is headquartered in Derio, Spain.

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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 45 of 45
Sector (Electrical Equipment) 8 of 8
Type (Add-on Acquisition) 37 of 37
Country (Spain) 1 of 1
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-12 Kompozitum

Bratislava, Slovakia

Kompozitum is a provider in the field of technical machined carbon and graphite components with special metal or resins impregnations, moving the limits in usability of high-quality carbon or graphite materials. Kompozitum is headquartered in Bratislava, Slovakia.

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