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Wabtec to acquire Nordco

Wabtec Corporation signed (23-Mar-2021) a definitive agreement to acquire Nordco, a North American supplier of maintenance of way equipment. Nordco has a portfolio of rail maintenance products and services, including mobile railcar movers and ultrasonic rail flaw detection technologies. The acquisition is expected to facilitate Wabtec's plans for expansion. The acquisition is subject to customary closing conditions. [more - original PR]

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