Wabtec
Wabtec Corporation is a global provider of technology-based products and services for the rail and transit industries, as well as the mining, marine, and industrial markets. The company operates primarily through two main business segments: Freight and Transit. In the Freight segment, Wabtec manufactures new and modernized locomotives, offers aftermarket services and parts for existing locomotives, and supplies components for freight cars. The Transit segment focuses on passenger transit vehicles, including the production of new switcher and commuter locomotives. Wabtec also provides rail control and infrastructure products, such as electronics and positive train control equipment. With facilities located worldwide, Wabtec is committed to delivering innovative solutions that enhance the efficiency and reliability of transportation systems.
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Past deals in Hungary
Bloom Engineering Company
Acquisition in 2024
Bloom Engineering Company designs, manufactures, and services high‑temperature industrial burners and combustion systems for steel, aluminum, forge, and specialty metal applications. The company offers a range of burners—including direct‑fired, regenerative, radiant‑tube, high‑thermal‑release, and self‑recuperative models—as well as ladle, tundish, and nozzle heating and drying stations, butterfly valves, pilots, spark igniters, and related spare parts. Its products are engineered for low to ultra‑low NOx emissions and low‑temperature regenerative operation. Bloom provides end‑to‑end combustion control solutions, from concept and design through build, commissioning, training, and repair, and offers services such as research and development, combustion tuning, operational consulting, outage management, energy audits, furnace studies, and on‑site training. Founded in 1934 and headquartered in Pittsburgh, the company serves customers worldwide, with offices in Brazil, China, France, Germany, Hungary, India, and Russia, and operates as a subsidiary of Sterling Industries.
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