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Wabtec to Buy Evidence Inspection Technologies Division for $1.78B (NYSE:WAB)

itstargetnews
Business News
January 14, 2025
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Wabtec Corporation Building in Pittsburgh, Pennsylvania, USA. — Editorial JHVEPhoto/iStock via Getty Images

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

Based near Boston, MA, Evidence’s Inspection Technologies division is expected to achieve revenues of approximately $433 million by calendar year 2024, with EBITDA of approximately $112 million, which results in a margin of

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