Wabtec Set to Expand Portfolio with €675 Million Acquisition of Frauscher Sensor Technology Group
According to a recent announcement,Wabtec has finalized an agreement to acquire Frauscher Sensor Technology Group,a company specializing in train detection and axle counting systems. This acquisition comes from Delachaux and includes input from Frauscher’s CEO, Michael Thiel, who retains a minority interest.
This move is set to bolster Wabtec’s offerings and enhance its foothold in the rapidly expanding signaling sector.
“This strategic purchase not only enriches our Digital Intelligence portfolio but also opens up new avenues in a promising market,” stated Rafael Santana, President & CEO of Wabtec, on July 7. He emphasized that Frauscher boasts an extraordinary lineup of technologies that combine innovation with consistent growth and robust profitability.
The deal is valued at €675 million in cash. Wabtec anticipates that Frauscher will generate around €145 million in revenue by 2025, outstripping the average growth rate expected for Wabtec over the next five years. The completion of this transaction hinges on standard closing conditions and regulatory approvals.
nalin Jain, who leads Wabtec’s Digital Intelligence Group, remarked that merging thier operations will enable them to provide critical safety insights through tailored systems integrating sensors with software analytics alongside thorough lifecycle services. With Frauscher’s strong presence across Europe and India, this acquisition aligns perfectly with their strategy for international expansion into thes notable markets.
“As we embark on this exciting journey with our new partner Wabtec,” Thiel expressed confidence about the future innovations from frauscher’s team. “This collaboration equips us with enhanced resources and expertise to accelerate our growth trajectory while delivering greater value to customers globally.”
The CEO of Delachaux, Guy Talbourdet noted that this divestment allows for stronger family control over Delachaux itself—ensuring long-term stability while supporting the progress of its other ventures like Pandrol and Conductix Wampfler.
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