WABTEC has announced a definitive agreement to acquire Super Metal, which it says is one of the leading suppliers of track maintenance equipment in Brazil.
Financial terms of the acquisition were not disclosed.
Super Metal is located in the city of Governador Valadares in the state of Minas Gerais, and for 30 years has supplied a wide range of automated vehicles and equipment for infrastructure maintenance, including vehicles for rail and sleeper maintenance as well as wagon movers.
The company also specialises in machining, services, development and project execution for railways throughout Brazil.
Wabtec says that the acquisition will provide it with a robust rail maintenance portfolio in South America, accelerating its strategy to expand into markets outside the US and complementing its existing wagon manufacturing plant at Contagem in Brazil.
Adding Super Metal to the Wabtec portfolio also complements the acquisition of track maintenance equipment supplier Nordco which Wabtec announced in March 2021.
“Super Metal's solutions and equipment for railway maintenance of way have synergy with Wabtec’s Services portfolio,” says Mr Danilo Miyasato, president and regional general manager of Wabtec in Latin America.
“The combination of these solutions will enhance our maintenance portfolio and offer our customers increased safety, productivity and reduced operating costs.”
“This deal highlights a lifetime of work by an entire family and boosts Super Metal's capacity to deliver innovative solutions to the market,” says Super Metal president, Mr Bernardo Zeferino. “We are excited with this new chapter as a Wabtec business.”