Wabtec acquires super metal to grow its railway maintenance portfolio

Pittsburgh--( business wire )--wabtec corporation (nyse: wab), a leading global supplier for freight and transit rail, announced today a definitive agreement to acquire super metal, a supplier of automated vehicles and equipment solutions that support rail operations. super metal is one of the leading brazilian companies in the maintenance of way segment in the rail industry. this acquisition complements our nordco acquisition and accelerates our strategy to expand into international markets. the financial terms of the acquisition were not disclosed.
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