28 January 2022 Asia and Indonesia

Wabtec Acquires Masu’s Railway Friction Business

Wabtec Corporation (NYSE: WAB) has announced it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry. The acquisition, which has received necessary regulatory approvals and is subject to customary closing conditions, will expand Wabtec’s installed base and accelerate growth across its brake product portfolio. “MASU is a strategic acquisition for Wabtec that complements our product portfolio and builds upon

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