The partnership combines Wabtec’s rail expertise with IMT’s cutting-edge telematics to deliver smart, connected solutions enhancing safety, efficiency, and customer experience across Europe.
The acquisition positions Wabtec for accelerated, profitable growth, and further strengthen the Company’s Digital Intelligence business by adding highly attractive and complementary railway signaling technologies.
Vale announced an agreement with Wabtec Corporation to acquire 50 new Evolution Series Locomotives for Vitória a Minas Railroad (EFVM) and Carajás Railroad (EFC).
The acquisition brings highly attractive and complementary technologies to Wabtec and positions the Company for accelerated, profitable growth, while strengthening its portfolio of mission critical passenger rail systems.