Wabtec Corp. (NYSE:WAB), Wilmerding, PA, has acquired Gerken Group SA, a manufacturer of specialty carbon and graphite products for rail and other industrial applications, with annual sales of $40 million.
Terms were not disclosed.
“Gerken’s range of specialty products expands our capabilities with existing customers and in new markets," said Raymond Betler, president & CEO. "The company will also be a good strategic fit with other Wabtec divisions, including Fandstan and Fulmer, and with our friction businesses.”