Westinghouse Air Brake Technologies Closes Dellner Couplers Acquisition

MT Newswires Live

02/11

Westinghouse Air Brake Technologies (WAB) said Wednesday it has closed its acquisition of Dellner Couplers, a Swedish company that provides couplers and gangways for passenger rail rolling stock.

Financial details of the acquisition weren't provided.

The acquisition aims to strengthen Westinghouse's portfolio of mission-critical passenger rail systems, the company said.

Westinghouse Air Brake's shares were up 2% in recent Wednesday trading.

Price: 251.17, Change: +4.72, Percent Change: +1.91

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