Wabtec Corp., a provider of equipment, systems, digital solutions and services for the freight and transit rail industries, recently signed a definitive agreement to purchase Super Metal, a Brazilian supplier of automated vehicles and equipment solutions that support rail operations, for an undisclosed amount.
The purchase will allow Wabtec’ to expand its presence in Brazil, gain a robust rail maintenance portfolio in South America, and accelerates the company’s strategy to expand into international markets.
“Super Metal’s solutions and equipment for railway maintenance of way have synergy with Wabtec’s Services portfolio,” said Danilo Miyasato, Wabtec president and regional general manager in Latin America. “The combination of these solutions will enhance our maintenance portfolio and offer our customers increased safety, productivity, and reduced operating costs.”
“Super Metal is a great addition to our maintenance-of-way portfolio,” said Pascal Schweitzer, Wabtec global freight services group president. “Their differentiated road to rail solutions will accelerate our international growth in key regions such as Latin America, Asia, and Africa.”
Wabtec also operates in the mining, marine, and industrial markets. It has operated in the rail industry for more than 150 years.
Super Metal’s services include vehicles for rail and tie maintenance and railcar movers.