# Wabtec to combine with GE Transportation

Wabtec Corp. entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Co., in a deal valuing GE Transportation at $2.9 billion cash plus 50.1% ownership in the combined company.

- Type: Acquisition
- Announced: 2018-05-21
- Where: United States
- Value: $2.90B
- Status: announced
- Products: rail equipment, services, software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md) (investor)
- [General Electric](https://endata.com/companies/1262.md) (partner)
- [Wabtec](https://endata.com/companies/10385.md) (acquirer)
- [GE Transportation](https://endata.com/companies/16907.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2018/05/21/ge-transportation-wabtec-merge-bringing-interesting-synergies-mining/), 2018-05-21: "The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services."
- [metro-magazine.com](https://www.metro-magazine.com/news/wabtec-ge-transportation-to-merge), 2018-05-22: "Wabtec Corp. entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Co."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.