Wabtec acquires the Railway Friction Business of MASU for $34 million

In addition, the $34 million acquisition will strengthen Wabtec's position as a prominent rail maker in India.

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Hosur, Tamil Nadu (Metro Rail News): Wabtec Corporation announced today that it has acquired MASU’s railway friction business. MASU is a major manufacturer of friction components for the automotive and rail industries. Wabtec will extend its installed base and accelerate growth across its braking product line due to the purchase, which has acquired all essential regulatory clearances and is subject to customary closing conditions.

“MASU is a strategic acquisition for Wabtec that complements our product portfolio and builds upon our leadership position in the railway friction market,” said Lilian Leroux, President of Wabtec’s Transit business. In addition, the $34 million acquisition will strengthen Wabtec’s position as a prominent rail maker in India.

According to the company, the acquisition aligns with their growth goal of providing operators with new, scalable products that boost productivity, utilisation, and capacity. As a result, Wabtec Corporation now have state-of-the-art friction production capabilities on every continent, allowing them to better serve operators and automobile manufacturers all over the world while lowering operating costs and boosting performance.”

Sujatha Narayan, Senior Vice President and Regional Leader for Wabtec in India, said, “We are excited about this purchase, which accelerates our long-term growth strategy in India.” According to Wabtec In India, they have a strong braking portfolio, supplying brake systems to Indian Railways locomotives, LHB coaches, and metros.” In addition, Wabtec’s reputation as a ‘Made in India’ manufacturer would be strengthened by this purchase, which will give a compelling product for clients and enable new potential for regional and international expansion.”

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