Non-Destructive Test
Assembly Line
Wabtec to Acquire Evident’s Inspection Technologies Division
Wabtec Corporation is acquiring Evident’s Inspection Technologies division for $1.78 billion, expanding its Digital Intelligence business and accelerating growth in high-growth industrial markets. The acquisition adds advanced automated inspection capabilities, driving technology, and innovation in non-destructive testing, remote visual inspection, and analytical instruments. The deal is expected to provide immediate shareholder value with high single-digit revenue growth, accretive Adjusted EBIT margins, and accretive return on invested capital. The acquisition strengthens Wabtec’s portfolio, aligns with its long-term vision, and reinforces its commitment to enhancing customer productivity, reliability, and safety. The combined company will deliver superior solutions to customers, leveraging Wabtec’s software development expertise, engineering depth, and operational excellence.