Wabtec Corp. has acquired Metalocaucho, a European-based manufacturer of transit products, primarily rubber components for passenger car suspension and vibration control systems.
Based in northern Spain, Metalocaucho has annual sales of about $25 million. The company provides a variety of rubber-to-metal components used mainly on high-speed, intercity and rapid transit cars. Its customers include original equipment manufacturers and transit agencies throughout Europe, and in China and India.
“Metalocaucho expands our geographic footprint in key markets with key customers and broadens our existing portfolio of specialty rubber components,” said Wabtec President and CEO Raymond T. Betler. “We see opportunities to grow the business by integrating its products into our distribution channels, especially in North America, and by leveraging its existing customer relationships.”
Metalocaucho has about 100 employees, with facilities in Spain, China and India.