Transit and freight rail equipment provider Wabtec has completed its acquisition of the outstanding shares of Faively Transport. Wabtec initiated a mandatory cash payment of 100 euros for each remaining share. The company also builds new switcher and commuter locomotives, and provides aftermarket services. Faively Transport will be renamed to Wabtec.
Transit and freight rail equipment provider Wabtec has completed its acquisition of the outstanding shares of Faively Transport. Wabtec initiated a mandatory cash payment of 100 euros for each remaining share. Faively Transport will be renamed to Wabtec.