Wabtec buys UK-based turbocharger maker

RELATED TOPICS: SUPPLIERS | INTERNATIONAL | LOCOMOTIVES
Trains Industry Newsletter
Get a weekly roundup of the industry news you need.
By signing up you may also receive occasional reader surveys and special offers from Trains magazine. View our privacy policy.
WABTEC
WILMERDING, Pa. — Wabtec Corp. has acquired Melett Limited, a leader in the design, manufacture and supply of high-quality turbochargers and replacement parts to the turbocharger aftermarket. Headquartered in the United Kingdom, Melett has annual sales of about $40 million.

With operations in the U.K., Europe, North America, and China, Melett provides turbochargers and repair parts to automotive turbocharger reconditioning and remanufacturing customers in more than 100 countries around the world.

“Melett complements both our overall turbocharger strategy and our product portfolio through its globally recognized brand and comprehensive aftermarket solutions," says Raymond T. Betler, Wabtec’s president and chief executive officer. "It provides our existing turbocharger business with an extensive and low-cost manufacturing and distribution base in Europe and China. This acquisition represents an excellent strategic fit that expands our aftermarket presence and provides direct access to key international markets.”

Wabtec Corp. is a leading global provider of equipment, systems and value-added services for transit and freight rail. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services. The company has facilities located throughout the world.

— A Wabtec news release. Dec. 4, 2017.
Leave a Comment
Want to leave a comment?
Only registered members of TrainsMag.com are allowed to leave comments. Registration is FREE and only takes a couple minutes.

Login or Register now.
Please keep your feedback on-topic and respectful. Trains staffers reserve the right to edit or delete any comments.
0 COMMENTS
Big Boy

Big Boy

All about the world's biggest locomotive

SEE INSIDE THIS ISSUE

Learn more about the stories and photos in this months issue

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy
Subscribe Up To 54% off the newsstand price!
Subscribe To Trains Mag Today
+