Wabtec Acquisitions Expand Capabilities of its Transit Business

Additions of Fanox and Kompozitum to Provide Long-Term Profitable Growth

PITTSBURGH, Nov. 12, 2024 — Wabtec Corporation (NYSE: WAB) announced today a strategic investment in its Transit Business with the acquisitions of Fanox and Kompozitum. These additions position Wabtec’s business unit for long-term profitable growth by expanding its capabilities, product portfolio, and customer base.

“We are excited about bringing the capabilities of Fanox and Kompozitum to our Transit Business,” said Pascal Schweitzer,