Business

Wabtec to buy Evident’s Inspection Technologies division fro $1.78B (NYSE:WAB)

Wabtec Corporation building in Pittsburgh, Pennsylvania, USA.

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Wabtec (NYSE:WAB) to acquire Evident’s Inspection Technologies division for $1.78 billion (~$1.68 billion after tax benefits)

Headquartered near Boston, MA, Evident’s Inspection Technologies division is expected to achieve approximately $433 million in revenue for calendar year 2024, with EBITDA of approximately $112 million, translating to a margin of

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2025-01-14 05:42:40

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