{"id":460357,"date":"2022-01-05T09:41:48","date_gmt":"2022-01-05T04:11:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=460357"},"modified":"2022-01-05T10:52:58","modified_gmt":"2022-01-05T05:22:58","slug":"wabtec-corp-acquires-masus-rail-friction-business-for-34-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/wabtec-corp-acquires-masus-rail-friction-business-for-34-million\/","title":{"rendered":"Wabtec Corp acquires Masu&#8217;s rail friction business for $34 million"},"content":{"rendered":"<p>Wabtec Corporation, which is one of the top three manufacturers and suppliers of rail globally with a combined worth of $9 billion, has announced the acquisition of Masu&#8217;s railway friction business for $34 million. This is one of the first acquisitions in India after the merger between GE Transportation and Wabtec in 2019.<\/p>\n<p>The acquisition, which has received necessary regulatory approvals and is subject to customary closing conditions, will expand Wabtec\u2019s installed base and accelerate growth across its brake product portfolio. &#8220;Masu is a strategic acquisition for Wabtec that complements our product portfolio and builds upon our leadership position in the railway friction market,\u201d said Lilian Leroux, President of Wabtec\u2019s Transit business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wabtec Corporation, which is one of the top three manufacturers and suppliers of rail globally with a combined worth of $9 billion, has announced the acquisition of Masu&#8217;s railway friction business for $34 million. This is one of the first acquisitions in India after the merger between GE Transportation and Wabtec in 2019. The acquisition, which has received necessary regulatory approvals and is subject to customary closing conditions, will expand Wabtec\u2019s installed base and accelerate growth across its brake product portfolio. &#8220;Masu is a strategic acquisition for Wabtec that complements our product portfolio and builds upon our leadership position in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-460357","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=460357"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460357\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=460357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=460357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=460357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}