EX-99.1 2 ef20051463_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 News Release Wabtec Finalizes Acquisition of Evident’s Inspection Technologies Division PITTSBURGH, July 1, 2025 - Wabtec Corporation (NYSE: WAB) announced today that it completed the acquisition of Evident’s Inspection Technologies division (Inspection Technologies), formerly part of the Scientific Solutions Division of Olympus Corporation, a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets. This acquisition strengthens Wabtec’s Digital Intelligence business with industry-leading inspection technologies that enhance customer productivity, reliability, and safety, while also positioning the company for accelerated, profitable growth. “Today, we are a stronger company with the addition of Inspection Technologies,” said Rafael Santana, President and CEO of Wabtec. “The acquisition expands and strengthens our Digital Intelligence business, with advanced products and services for the Company’s rail, mining, and industrial sectors, while broadening our reach into other high-growth, high-margin end-markets. It enhances Wabtec's existing p…
Open exhibit ↗Current Report · Items 7.01, 8.01, 9.01 · 8-K
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
Regulation FD Disclosure · Other Events
Item 7.01. Regulation FD Disclosure. On July 1, 2025, Westinghouse Air Brake Technologies Corporation (the “Company”) published a press release relating to the closing of the acquisition discussed in Item 8.01 below. A copy of the press release is furnished as Exhibit 99.1.…
Disclosure sections
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On July 1, 2025, Westinghouse Air Brake Technologies Corporation (the “Company”) published a press release relating to the closing of the acquisition
discussed in Item 8.01 below. A copy of the press release is furnished as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information furnished pursuant to this Item 7.01, including Exhibits 99.1 and 99.2, shall not be
deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act, except as shall be
expressly set forth by specific reference in such a filing.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
As previously disclosed, on January 14, 2025, the Company announced that it had entered into a definitive agreement, dated January 13, 2025, to acquire
Evident Inspection Technologies (“Evident”), a business line of Evident Corporation and a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets. On July 1, 2025, the
Company announced the completion of the acquisition of Evident.