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Wabtec Corporation has completed the acquisition of Evident’s Inspection Technologies division (Inspection Technologies), formerly part of the Scientific Solutions Division of Olympus Corporation, a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets, in a deal valued at US$1.78 billion.
This acquisition strengthens Wabtec’s Digital Intelligence business with industry-leading inspection technologies that enhance customer productivity, reliability, and safety, while also positioning the company for accelerated, profitable growth.
Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets.
Parties
Company
Wabtec Corporation
Company
Bain Capital
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
$ 2,468,868,900Deal Status
ClosedClosing Date
01 July 2025