匹兹堡,2025年7月1日——Wabtec Corporation(NYSE:WAB)今天宣布完成对Evident ' s Inspection Technologies部门(Inspection Technologies)的收购。Evident ' s Inspection Technologies以前是Olympus Corporation科学解决方案部门的一部分,Olympus Corporation是无损检测、远程视觉检测和关键资产分析仪器解决方案的全球领导者。此次收购通过行业领先的检测技术加强了Wabtec的数字智能业务,提高了客户的生产率、可靠性和安全性,同时也为公司的加速盈利增长做好了准备。
Wabtec总裁兼首席执行官拉斐尔·桑塔纳(Rafael Santana)表示:“如今,随着检测技术的发展,我们公司变得更加强大。“此次收购扩展并加强了我们的数字智能业务,为公司的铁路、采矿和工业部门提供先进的产品和服务,同时将我们的触角延伸到其他高增长、高利润的终端市场。它增强了Wabtec的现有产品组合,符合关键财务指标,并符合公司的长期愿景,即在客户创新方面引领行业发展。”
此次战略收购有助于加速Wabtec的增长轨迹,并满足对先进诊断技术日益增长的需求。它也符合Wabtec所述的增长驱动因素,包括加速可扩展技术的创新、增加客户群、扩大高利润的经常性收入以及推动持续的运营改进。此外,收购Inspection Technologies扩大了Wabtec的数字智能业务增长机会和经常性收入,有效地将其总潜在市场(TAM)的规模从大约80亿美元增加到160亿美元,同时增强了其向更广泛的客户提供创新解决方案的能力。
“Inspection Technologies的产品组合有力地补充了我们现有的数字技术,同时在数据采集、分析和自动化至关重要的领域增加了先进的自动化检测能力,”Wabtec数字情报集团总裁纳林·贾恩(Nalin Jain)表示。它将通过集成高级分析、传感器和人工智能技术来加速可扩展技术的发展,从而为我们的客户提供增强的预测性维护能力。Evident Inspection Technology的员工在提供这些创新技术方面表现出色,我期待着欢迎他们加入Wabtec大家庭。"
交易详细信息
Wabtec以17.8亿美元(税后收益约16.8亿美元)收购了Evident的检测技术部门。该交易通过库存现金、新发行的定期票据、定期贷款和公司信贷协议下的短期借款的组合进行融资。预计该交易将为股东带来直接价值,并带来较高的个位数收入增长前景、累计调整后的EBIT利润率和累计投资资本回报率(ROIC)。此外,预计该收购将在2025年下半年略微增加调整后的每股收益。收购价格反映了预计2025年EBITDA的12.0倍,经交易和分离成本调整后,预计税收优惠和预计运营成本协同效应为2500万美元。该公司打算在Q2收益电话会议期间将此次收购对收入和每股收益的影响纳入其全年财务指导。
关于Wabtec公司
Wabtec公司正在为子孙后代彻底改变世界运转的方式。该公司是全球领先的设备、系统、数字解决方案和增值服务提供商,服务于货运和轨道交通行业,以及矿业、海洋和工业市场。155年来,Wabtec一直是铁路行业的领导者,其愿景是在美国和世界范围内实现可持续的铁路系统。请访问Wabtec的网站
关于检验技术部
Evident的检测技术和显微镜部门成立于2022年,当时奥林巴斯公司剥离了其科学解决方案部门,成立了一家新公司。Evident的检测技术部门提供解决复杂挑战的解决方案,通过无损检测、远程视觉检测以及维护、制造和环境应用的分析仪器来检测关键资产和基础设施。请访问Evident的网站
前瞻性声明
T
PITTSBURGH, July 1, 2025 – Wabtec Corporation (NYSE: WAB) announced today that it completed the acquisition of Evident’s Inspection Technologies division (Inspection Technologies), formerly part of the Scientific Solutions Division of Olympus Corporation, a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets. This acquisition strengthens Wabtec’s Digital Intelligence business with industry-leading inspection technologies that enhance customer productivity, reliability, and safety, while also positioning the company for accelerated, profitable growth.
“Today, we are a stronger company with the addition of Inspection Technologies,” said Rafael Santana, President and CEO of Wabtec. “The acquisition expands and strengthens our Digital Intelligence business, with advanced products and services for the Company’s rail, mining, and industrial sectors, while broadening our reach into other high-growth, high-margin end-markets. It enhances Wabtec's existing portfolio, is accretive to key financial metrics, and aligns with the company's long-term vision to lead the industry in innovation for our customers.”
The strategic acquisition helps accelerate Wabtec's growth trajectory and meets the increasing demand for advanced diagnostic technologies. It also aligns with Wabtec’s stated growth drivers, including accelerating the innovation of scalable technologies, increasing the installed base, expanding high-margin recurring revenues, and driving continuous operational improvements. Additionally, acquiring Inspection Technologies expands Wabtec’s Digital Intelligence business growth opportunities and recurring revenue, effectively doubling the size of its total addressable market (TAM) from approximately $8 billion to $16 billion, while enhancing its ability to deliver innovative solutions to a broader range of customers.
“Inspection Technologies’ product portfolio strongly complements our existing digital technologies, while adding advanced automated inspection capabilities in a space where data acquisition, analytics, and automation are critical,” said Nalin Jain, President of Wabtec’s Digital Intelligence Group. “It will accelerate the development of scalable technologies by integrating advanced analytics, sensors, and AI technology to deliver enhanced predictive maintenance capabilities to our customers. Evident Inspection Technology employees have done a fantastic job in delivering these innovative technologies and I am looking forward to welcoming them to the Wabtec family.”
TRANSACTION DETAILS
Wabtec acquired Evident’s Inspection Technologies division for $1.78 billion (~$1.68 billion after tax benefits). The transaction was financed through a combination of cash on hand, newly issued term notes, plus term loans and short-term borrowing under the Company’s credit agreement. The transaction is anticipated to provide immediate shareholder value with a high single-digit revenue growth outlook, accretive Adjusted EBIT margins and accretive return on invested capital (ROIC) over time. Additionally, the acquisition is projected to be slightly accretive to Adjusted EPS in the second half of 2025. The purchase price reflects an estimated multiple of 12.0x projected 2025 EBITDA adjusted for transaction and separation costs, anticipated tax benefits, and projected run-rate cost synergies of $25 million. The Company intends to incorporate the revenue and EPS impact of this acquisition into its Full Year Financial Guidance during its Q2 Earnings call.
About Wabtec Corporation
Wabtec Corporation is revolutionizing the way the world moves for future generations. The Company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for 155 years and has a vision to achieve a sustainable rail system in the U.S. and worldwide. Visit Wabtec’s website at ivision
Evident’s Inspection Technologies and Microscopy divisions were established in 2022 when Olympus Corporation spun off its Scientific Solutions Division to form a new company. Evident’s Inspection Technologies division delivers solutions that solve complex challenges, inspecting mission-critical assets and infrastructure with nondestructive testing, remote visual inspection, and analytical instruments for maintenance, manufacturing, and environmental applications. Visit Evident’s website at
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. securities laws, including statements regarding the expected benefits of the Inspection Technologies acquisition, the anticipated synergies of the transaction, the expected impact on Wabtec's operational and financial performance, (including business growth opportunities and TAM), and certain projected financial results of Inspection Technologies. These statements and all statements other than historical facts constitute forward-looking statements concerning future circumstances and results and are sometimes identified by the words “anticipate,” “estimate,” “expect,” “outlook,” “position,” “project,” “recur,” “strategy,” and “will” or other similar words or expressions. Forward-looking statements are based upon current plans, assumptions, estimates and expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. For more information on these risks, please refer to Wabtec's filings with the SEC. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) unexpected costs, charges or expenses resulting from the transaction; (2) uncertainty of the expected financial performance of Inspection Technologies and the combined company following completion of the transaction; (3) risks associated with the integration of Inspection Technologies and the potential for failure to realize the anticipated benefits and synergies of the transaction; (4) the ability of the combined company to implement its business strategy; (5) inability to retain key personnel; (6) changes in general economic and/or industry specific conditions; and (7) other risk factors as detailed from time to time in Wabtec’s reports filed with the Securities and Exchange Commission. The foregoing list of important factors is not exclusive.
This press release also contains certain non-GAAP measures. Non-GAAP measures should not be considered as a substitute for items calculated in accordance with GAAP, as they are subject to inherent material limitations.