Wabtec Corporation has acquired Gerken Group SA, a leading manufacturer of specialty carbon and graphite products for rail and other industrial applications. The company has annual sales of about USD 40 million.
Founded more than 80 years ago, Gerken manufactures a variety of carbon brushes and strips, graphite and related products used in railway traction, power generation and other industrial markets. The company’s sales are primarily in the aftermarket and outside of North America.
“Gerken’s range of specialty products expands our capabilities with existing customers and in new markets. The company will also be a good strategic fit with other Wabtec divisions, including Fandstan and Fulmer, and with our friction businesses,” Raymond T. Betler, Wabtec’s president and chief executive officer, said.
Wabtec Corporation is a global provider of value-added, technology-based products and services for rail and other industrial markets.
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