Wabtec acquires Xorail, a provider of signal engineering, design services
Spoornet
Wabtec
Corporation has acquired Xorail LLC, a leading provider of signal engineering
and design services, for $40 million in cash. The company is based in
Jacksonville, Fla., and has annual sales of about $40 million. Wabtec expects
the transaction to be accretive in the first year.