Wabtec Acquires Bearward Engineering, UK-Based Manufacturer of Cooling Systems for $70M
Wabtec Corporation (NYSE: WAB) has acquired Bearward Engineering. Based in Northampton, England, Bearward has annual sales of about $70 million.
Wabtec expects the transaction to be accretive in the first year.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.