M&A Deal Summary

Wabtec Acquires Mors Smitt Technologies

On June 14, 2012, Wabtec acquired electrical equipment company Mors Smitt Technologies for 88M USD

Acquisition Highlights
  • This is Wabtec’s 2nd transaction in the Electrical Equipment sector.
  • This is Wabtec’s 7th largest (disclosed) transaction.
  • This is Wabtec’s 8th transaction in the United States.
  • This is Wabtec’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2012-06-14
Target Mors Smitt Technologies
Sector Electrical Equipment
Buyer(s) Wabtec
Deal Type Add-on Acquisition
Deal Value 88M USD

Target

Mors Smitt Technologies

Buffalo Grove, Illinois, United States
Mors Smitt Technologies, Inc. designing, producing and marketing electrical systems and components (electromechanical relays) that control, measure and automate electrical processes (brakes, doors, switching systems, signalling, etc).

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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 16 of 45
Sector (Electrical Equipment) 2 of 8
Type (Add-on Acquisition) 13 of 37
State (Illinois) 2 of 4
Country (United States) 8 of 23
Year (2012) 2 of 5
Size (of disclosed) 7 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-14 Mors Smitt Holding

Utrecht, Netherlands

Mors Smitt is a major player in the European electronic components market manufacturing principally for companies in the railway industry. MSH designs, produces and sells systems and components for controlling, measuring and automating electrotechnical processes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-16 Tec Tran

Burlington, North Carolina, United States

Tec Tran Corp., is a manufacturer of hydraulic braking systems for passenger rolling stock. Tec Tran supplies components including calipers, power units, electronic controls and brake discs for new and aftermarket applications.

Buy -
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