Dellner Couplers
Acquisition in 2025
Dellner Couplers AB is a Swedish manufacturer specializing in train connection systems, with over 75 years of experience in the rail industry. The company provides a range of products, including couplers, gangways, hatches, dampers, and crash management systems, designed to enhance safety and reliability in passenger rail travel. In addition to its core manufacturing capabilities, Dellner Couplers offers a variety of after-sales services, such as upgrades, modernization, repairs, technical support, training, and maintenance. With a global presence through subsidiaries, branches, and agents, Dellner Couplers serves train builders and operators both in Sweden and internationally. Founded in 1941 and headquartered in Falun, Sweden, the company operates as a subsidiary of Dellner Invest AB.
Evident's Inspection Technologies Division
Acquisition in 2025
Evident's Inspection Technologies Division is a provider of inspection solutions for critical infrastructure and industrial applications.
Bloom Engineering Company
Acquisition in 2024
Bloom Engineering Company designs, manufactures, and services high‑temperature industrial burners and combustion systems for steel, aluminum, forge, and specialty metal applications. The company offers a range of burners—including direct‑fired, regenerative, radiant‑tube, high‑thermal‑release, and self‑recuperative models—as well as ladle, tundish, and nozzle heating and drying stations, butterfly valves, pilots, spark igniters, and related spare parts. Its products are engineered for low to ultra‑low NOx emissions and low‑temperature regenerative operation. Bloom provides end‑to‑end combustion control solutions, from concept and design through build, commissioning, training, and repair, and offers services such as research and development, combustion tuning, operational consulting, outage management, energy audits, furnace studies, and on‑site training. Founded in 1934 and headquartered in Pittsburgh, the company serves customers worldwide, with offices in Brazil, China, France, Germany, Hungary, India, and Russia, and operates as a subsidiary of Sterling Industries.
Kompozitum
Acquisition in 2024
Kompozitum is a specialized manufacturer of carbon and graphite components, designed for high-temperature and extreme-condition applications. The company produces a range of products, including carbon strips, axial slides, molds, mandrels, and infiltrated piston and segment rings, primarily serving the electric locomotive and high-speed traction vehicle industries. These components, enhanced with specific metal or resin impregnations, help industries improve the durability and performance of their equipment under challenging conditions.
L&M Radiator
Acquisition in 2023
L&M Radiator, Inc. is a leading manufacturer specializing in industrial radiators and heat exchangers. The company focuses on producing a variety of cooling solutions, including air-to-air and air-to-oil coolers, engine radiators, cooling packages, replacement radiators, charge air coolers, cube cooling systems, and tube and shell coolers. L&M Radiator is dedicated to ensuring optimal uptime and performance while providing cost-effective solutions for its clients.
Super Metal
Acquisition in 2022
Super Metal is a company that specializes in the design and construction of railway and road-rail solutions, primarily focused on supporting railway maintenance and construction. Committed to the expansion of the rail sector in Brazil, Super Metal provides a range of products, including road-rail machinery, tugs, and maintenance equipment. By offering tailored solutions to meet the specific needs of clients, the company plays a significant role in facilitating the development of rail projects across diverse terrains.
Beena Vision Systems
Acquisition in 2022
Beena Vision Systems Inc. is a manufacturer based in Norcross, Georgia, specializing in vision-based automatic wayside inspection systems for the railroad industry. Established in 2003, the company leverages advanced machine vision and non-contact measurement technologies to enhance fleet maintenance and operations. Its product offerings encompass a range of systems designed for comprehensive inspections of rolling stock components, including truck wheels, brake systems, couplers, and undercarriage elements, as well as track conditions. Beena Vision Systems provides automatic inspection systems, real-time monitoring devices, and handheld measurement tools, facilitating accurate assessments of railcar and track safety. With a commitment to research and development, the company continuously seeks to innovate and expand its capabilities in automatic monitoring for both freight and passenger trains.
RELCO Locomotives
Acquisition in 2020
RELCO Locomotives, Inc. is a prominent provider of locomotive rebuilding, remanufacturing, and leasing services, based in Lisle, Illinois. Established in 1961, the company specializes in customizing locomotives to meet specific client requirements, offering a diverse range from low-horsepower switchers to high-horsepower road locomotives. In addition to sales and leasing, RELCO provides comprehensive repair programs that include wreck repairs, component replacements, warranty services, modifications, and system upgrades. The company also conducts locomotive painting, rewiring, troubleshooting, and FRA inspections. RELCO serves a wide array of clients, including railroads, industrial firms, and government agencies across North America, and is recognized for its commitment to quality and service excellence.
Gerken Group
Acquisition in 2016
Gerken Group SA is a manufacturer specializing in carbon and graphite products tailored for rail and various industrial applications. The company produces a range of items, including carbon brushes and strips, as well as graphite and related products, which are essential for railway traction and power generation. Gerken Group serves diverse industrial markets, leveraging its expertise in specialty materials to meet the specific needs of its clients.
Track IQ
Acquisition in 2015
Track IQ is a manufacturer and supplier of railway equipment and services for the purpose of measuring operating conditions.
MTC MetaloCaucho
Acquisition in 2015
MTC MetaloCaucho, based in Urnieta, Spain, specializes in the design, development, and manufacturing of rubber-metal components for suspension and vibration control systems, primarily serving the railway and automotive industries. The company's extensive product range includes components for railway primary suspension systems, traction centers, anti-roll bars, and various types of bushings and buffers. Additionally, MTC provides solutions for cars, motorcycles, buses, and medium to light trucks, as well as applications in wind turbine couplings and marine sectors. Established in 1982, MTC has gained recognition among professionals and international companies in its field. The company also has facilities in China and serves original equipment manufacturers and operators globally. MTC operates as a subsidiary of Westinghouse Air Brake Technologies Corporation.
Fandstan Electric Group
Acquisition in 2014
Fandstan Electric Group, established in 1979, is a privately owned company specializing in the design, manufacture, and installation of electrical current and data collection products. With a global presence, the company operates subsidiaries and offices in several countries, including the UK, Germany, the USA, Australia, the Netherlands, France, Poland, and Taiwan, employing around 950 individuals worldwide. Fandstan Electric Group primarily serves the rail, tram transportation, industrial, and energy sectors, producing key components such as pantographs, third rail shoe gears, electrical contacts, and brush holders. Its independence from outside shareholders allows for a focused approach to its operations and customer relationships.
Napier
Acquisition in 2013
Napier is a world leader in the design, manufacture and support of industrial turbochargers.
Napier turbochargers run on fuels ranging from marine diesel oil and natural gas to varying qualities of HFO and landfill gas. You will find them across the globe, providing reliable performance in some of the most arduous environmental conditions year after year.
LH Group Services
Acquisition in 2012
LH Group Services Ltd. specializes in the re-manufacturing of powertrain products, offering a range of services that includes re-manufactured engines, transmissions, final drives, and complete vehicle overhaul packages. The company operates primarily within the United Kingdom and is recognized as a leading provider of transit maintenance and rail vehicle overhaul services. LH Group Services manufactures a diverse array of products tailored for various end markets, including locomotives, freight cars, passenger transit vehicles, and power generation equipment, serving both original equipment and aftermarket needs. Through its focus on technology-based solutions, the company positions itself as a significant supplier in the freight rail, passenger transit, and select industrial sectors.
Tec Tran Corp.
Acquisition in 2012
Tec Tran designs and manufactures hydraulic braking systems and related components, including calipers, power units, electronic controls and brake discs, for both new and aftermarket applications. The company's customers include global transit car builders and many North American transit agencies.
Mors Smitt Holding
Acquisition in 2012
Mors Smitt Holding is a Netherlands-based manufacturer and supplier of railway relays and related technology, industrial relay products and maritime bridge instrumentation. It provides rolling stock components such as relays, protection relays, hall effect sensors, miniature circuit breakers, speedometers, panel indicators, energy management and door control units, as well as signaling and infrastructure equipment, retrofit and maintenance tools. The company offers industrial relays for heavy duty and general purpose use, surge protection devices, portable test and measuring equipment, climate control components, and bridge and control room instruments, complemented by technical support and repair services. It serves power generation, petrochemical and water treatment, mining, shipbuilding and installation, and building automation sectors. Its go‑to‑market network includes subsidiaries, distributors and agents across France, the Netherlands, the United States and Hong Kong. Headquarters are in Utrecht, with engineering and manufacturing sites in France, the Netherlands and China.
Fulmer
Acquisition in 2011
Fulmer Company, a Wabtec Company, is the largest North American manufacturer of brush holders and specialty-machined parts for DC/AC motors, generators and alternators. Several thousand of the brush holders are currently in use in traction, transit, mining, power generation and after market applications.
Bearward Engineering
Acquisition in 2011
Bearward Engineering is a prominent manufacturer specializing in cooling systems and related equipment tailored for power generation and various industrial markets. The company produces and distributes a range of products, including air coolers, intercalary coolers, exhaust gas coolers, and engine cooling equipment. With a focus on efficient thermal management solutions, Bearward Engineering serves a critical role in enhancing operational performance across different sectors.
Brush Traction
Acquisition in 2011
Brush Traction Ltd. is a manufacturer based in Loughborough, United Kingdom, specializing in the design and production of locomotives and propulsion systems for passenger-carrying vehicles. The company offers a comprehensive range of services, including vehicle overhaul, re-engineering, refurbishment, and the manufacture of various components such as traction motors, electronics racks, and pneumatic valves. Additionally, Brush Traction provides services for the overhaul and design of bogies, incident repairs, and interior design and refurbishment of rail vehicles. Established in 1991, the company aims to support the railway industry by delivering high-quality rail equipment and ensuring the efficient maintenance and upgrading of existing rail assets.
Unifin International
Acquisition in 2009
Unifin International specializes in the cooling of electric machines, focusing on the design and manufacture of cooling systems and related equipment for the power generation and transmission industry. Based in London, Ontario, the company is recognized as a global leader in providing Transformer Oil Coolers, Transformer Oil Pumps, Generator Coolers, and TEWAC Motor Coolers. Unifin has dedicated its resources to research and development, striving to acquire advanced heat transfer technology and innovative manufacturing processes to enhance its product offerings.
Standard Car Truck
Acquisition in 2008
Standard Car Truck Co. is a manufacturer and designer specializing in stabilization systems for freight cars. The company produces engineered truck components, including springs, friction wedges, and wear plates, which are essential for maintaining the stability and performance of freight transportation. Its Barber brand truck design is recognized globally and commands a significant share of the North American market. In addition to its freight car products, Standard Car Truck also manufactures and services components for locomotives, such as compressors and pumps, further diversifying its offerings in the railway industry.
POLI S.p.A
Acquisition in 2008
POLI is a manufacturer of rail braking equipment including brake discs for high-speed applications, as well as tread brake units and pneumatic brake valves that meet International Union of Railways (“UIC”) standards.
Becorit
Acquisition in 2006
Becorit GmbH is a manufacturer specializing in friction materials for various transportation and industrial sectors. The company produces a diverse range of products, including brake shoes, brake pads, composite brake blocks, friction linings, and friction wheels. These offerings cater primarily to the needs of passenger transit cars, freight cars, locomotives, and the mining industry. By providing high-quality friction components, Becorit supports applications in high-speed, long-distance, and local passenger traffic, as well as in industrial markets such as wind power generation.