06:36 AM EDT, 07/07/2025 (MT Newswires) -- Wabtec (WAB) said Monday it has agreed to acquire Frauscher Sensor Technology for an enterprise value of 675 million euros ($791.4 million) in cash.

Frauscher Sensor provides axle counting and wheel detection services supporting railway operators worldwide.

Wabtec said it expects the acquisition to be accretive to shareholder value, including adjusted EBIT margins and earnings per share in the first year, with a return on invested capital over time.

Frauscher is forecasted to generate about 145 million euros in revenue in 2025 and is projected to grow faster than Wabtec's average over the next five years, it said.