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  6. Wabtec Acquires Pride Bodies

M&A Deal Summary

Wabtec Acquires Pride Bodies

On May 9, 2016, Wabtec acquired machinery company Pride Bodies

Acquisition Highlights
  • This is Wabtec’s 9th transaction in the Machinery sector.
  • This is Wabtec’s 3rd transaction in Canada.
  • This is Wabtec’s 3rd transaction in Ontario.

M&A Deal Summary
Date 2016-05-09
Target Pride Bodies
Sector Machinery
Buyer(s) Wabtec
Deal Type Add-on Acquisition

Target

Pride Bodies

Cambridge, Ontario, Canada
Pride Bodies equips rail and utility vehicles with custom rail gear, cranes, air systems and lighting. Its custom aluminum bodies enable significantly increased payloads on heavy- and medium-duty vehicles used in rail and utility maintenance projects.

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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 28 of 49
Sector: Machinery M&A 9 of 13
Type: Add-on Acquisition M&A Deals 24 of 39
State: Ontario M&A 3 of 3
Country: Canada M&A 3 of 3
Year: 2016 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-09 UNITRAC Railroad Materials

Knoxville, Tennessee, United States

UNITRAC Railroad Materials, Inc. is a manufacturer and supplier of the nation's railroads with a full line of high-quality railroad products and trackwork services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-02 Gerken Group SA

Petit-Rechain, Belgium

Gerken Group SA is a manufacturer of specialty carbon and graphite products for rail and other industrial applications.

Buy -
Mergr

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