Latest Deals

US-based rail manufacturer Wabtec has agreed to acquire Evident’s Inspection Technologies division for $1.78bn. The acquisition is expected to double Wabtec’s total addressable market from approximately $8bn to $16bn. Wabtec expects the Inspection Technologies division to enhance the capabilities of the digital intelligence business by introducing advanced automated inspection capabilities and drive technology in areas where data acquisition, analytics, and automation are increasingly important.

Hitachi Rail has announced the acquisition of Omnicom, a provider of rail monitoring technology, from Balfour Beatty. This move is expected to bolster Hitachi Rail’s digital asset management business, known as HMAX, which integrates live data from trains and rail infrastructure into a single platform. HMAX, which was launched at InnoTrans in September 2024, utilises artificial intelligence and machine learning to process vast amounts of data, resulting in operational and service enhancements such as traffic optimisation and energy consumption reduction.

M Group has announced the acquisition of Telent, a provider of operational technology and digital solutions for critical national infrastructure in the UK and Ireland. This acquisition is expected to enhance M Group’s capabilities in addressing the challenges posed by ageing infrastructure in these regions. The completion of the transaction is pending regulatory approval.

Wabtec has reached a definitive agreement to acquire Sweden-based Dellner Couplers for $960m in cash. Wabtec is funding the acquisition using cash reserves and short-term debt. This acquisition is expected to enhance Wabtec’s technology offerings and support its growth strategy while reinforcing its portfolio of essential passenger rail systems.