M&A Deal Summary

Wabtec Acquires Poli

On July 1, 2008, Wabtec acquired machinery company Poli for 80M USD

Acquisition Highlights
  • This is Wabtec’s 3rd transaction in the Machinery sector.
  • This is Wabtec’s 11th largest (disclosed) transaction.
  • This is Wabtec’s 1st transaction in Italy.

M&A Deal Summary

Date 2008-07-01
Target Poli
Sector Machinery
Buyer(s) Wabtec
Deal Type Add-on Acquisition
Deal Value 80M USD

Target

Poli

Camisano, Italy
Poli S.p.A., is a manufacturer of rail braking equipment.

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Buyer(S) 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 STATS #
Overall 4 of 49
Sector: Machinery M&A 3 of 13
Type: Add-on Acquisition M&A Deals 4 of 39
Country: Italy M&A 1 of 2
Year: 2008 M&A 1 of 2
Size (of disclosed) 11 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-11 Ricon

Panorama City, California, United States

Ricon Corp., is a manufacturer of wheelchair lifts and ramps for buses and other passenger transit vehicles.

Buy $74M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-08 Standard Car Truck Co.

Park Ridge, Illinois, United States

Standard Car Truck Co., is a rail equipment supplier. Car Truck is a provider in stabilization systems for freight cars, including engineered truck (undercarriage) components such as springs, friction wedges and wear plates.

Buy $300M