Wabtec (WAB) Acquires Bloom Engineering

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Go back to Wabtec (WAB) Acquires Bloom Engineering

Wabtec Acquires Bloom Engineering to Strengthen its Heat Transfer and Energy Solution Portfolio

December 30, 2024 7:00 AM EST

PITTSBURGH--(BUSINESS WIRE)-- Wabtec Corporation (NYSE: WAB) announced today it has acquired Bloom Engineering, Inc., a leading provider in industrial heating applications. This acquisition strengthens Wabtecs portfolio of heat transfer and energy solutions, integrating Bloom Engineerings advanced technologies in burners, combustion systems, and overall services for industrial and process heating applications. The combination of Bloom Engineering with Wabtecs existing portfolio of products and services will accelerate global growth in this highly profitable segment, while providing increased value to its worldwide customer base.

This is another exciting addition to Wabtec, said Mike... More