Wabtec Corp acquires Masu's rail friction business for $34 million

The acquisition will expand Wabtec's installed base and accelerate growth across its brake product portfolio

Wabtec Corporation, which is one of the top three manufacturers and suppliers of rail globally with a combined worth of $9 billion, has announced the acquisition of Masu's railway friction business for $34 million. This is one of the first acquisitions in India after the merger between GE Transportation and Wabtec in 2019.

The acquisition, which has received necessary regulatory approvals and is subject to customary closing conditions, will expand Wabtec’s installed base and accelerate growth across its brake product portfolio. "Masu is a strategic acquisition for Wabtec that complements our product portfolio and builds upon our leadership position in