The company said on July 1, 2025 that it completed the acquisition of Evident's Inspection Technologies division. The deal followed a definitive agreement signed on January 13, 2025, and the company described it as strengthening its Digital Intelligence business.

1. 01

   The company said on July 1, 2025 that it completed the acquisition of Evident's Inspection Technologies division. The deal followed a definitive agreement signed on January 13, 2025, and the company described it as strengthening its Digital Intelligence business.

2. 02

   Wabtec said it acquired the Inspection Technologies division for $1.78 billion (about $1.68 billion after tax benefits). It said the deal was financed with cash on hand, newly issued term notes, term loans and short-term borrowing.

3. 03

   Wabtec said the purchase price is about 12.0x projected 2025 EBITDA, adjusted for transaction and separation costs, anticipated tax benefits and run-rate cost synergies of $25 million.

4. 04

   The company said the acquisition doubles the total addressable market (TAM) for its Digital Intelligence business from about $8 billion to $16 billion. It also expects the deal to be slightly accretive to Adjusted EPS in the second half of 2025, and said it plans to reflect the revenue and EPS impact in its full-year guidance on its Q2 earnings call.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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