Wabtec Acquires Bloom Engineering for $69M
December 30, 2024
Wabtec Corporation has acquired Bloom Engineering, Inc., a Pittsburgh-based provider of industrial burners and combustion systems, for $69 million in cash. The purchase expands Wabtec’s heat transfer and energy solutions capabilities and is expected to be immediately accretive to EPS, with synergies to be realized over the next three years.
- Buyers
- Wabtec Corporation
- Targets
- Bloom Engineering, Inc.
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Wabtec Acquires L&M Radiator, Inc.
June 16, 2023
Manufacturing
Wabtec Corporation has acquired L&M Radiator, Inc., a Hibbing, Minnesota–based manufacturer of heavy‑duty equipment radiators and heat exchangers, for $230 million in cash. The acquisition expands Wabtec's thermal management and mining product capabilities and is expected to be immediately accretive to EPS while delivering synergies over the next three years.
-
Wabtec to Acquire Trimble’s Beena Vision Business to Expand Digital Rail Wayside Inspection
April 20, 2022
Industrial Services
Wabtec Corporation has signed a definitive agreement to acquire Trimble’s Beena Vision business, which makes machine vision-based wayside inspection systems for the railroad industry. The acquisition is intended to pair Beena Vision’s technologies with Wabtec’s TrackIQ portfolio to create a comprehensive wayside inspection offering for rolling stock condition monitoring. Financial terms were not disclosed and the deal is subject to customary closing conditions.
-
Wabtec Acquires Evident Inspection Technologies Division for $1.78 Billion
July 1, 2025
Industrial Services
Wabtec Corporation entered into and completed the acquisition of Evident's Inspection Technologies division for $1.78 billion, strengthening Wabtec’s Digital Intelligence business. The deal expands advanced automated inspection capabilities, adds a recurring revenue base, and broadens Wabtec’s reach across rail, mining, and other industrial end-markets.
-
Watts Water Technologies Acquires Superior Boiler
November 18, 2025
Manufacturing
Watts Water Technologies, through its subsidiaries, has completed the acquisition of Superior Boiler, a designer and manufacturer of customized steam and hot water boilers used in commercial, institutional and industrial applications. The deal (funded with cash on hand) brings Superior's portfolio and capabilities into Watts' plumbing, heating and water-quality product lines to expand custom boiler offerings and drive cross-selling opportunities.
-
Wabtec Corporation Acquires Nordco from Greenbriar Equity Group
March 23, 2021
Transportation
Wabtec Corporation has signed a definitive agreement to acquire Nordco, a North American supplier of maintenance-of-way equipment, from Greenbriar Equity Group for $400 million in cash. The acquisition expands Wabtec’s maintenance-of-way and railcar mover offerings, adds Nordco’s aftermarket and inspection technology capabilities, and is expected to be immediately accretive to EBITDA and cash flow while delivering cost synergies.
-
Wabtec Corporation Acquires Fanox and Kompozitum
November 12, 2024
Manufacturing
Wabtec Corporation announced the acquisition of Fanox and Kompozitum for a combined $110 million in cash to strengthen its Transit Business. The deals add protection-relay technology and carbon/graphite manufacturing capabilities to Wabtec’s pantograph and on-board systems, supporting capability expansion and expected accretive growth.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.