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Wabtec Corporation Acquires Dellner, Expanding Rail

Dellner - Train Connection Systems acquired by Wabtec Corporation

Acquisition$960,000,000Transportation, Logistics, Supply Chain and StorageSE

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Dellner - Train Connection Systems logo
Acquired

Dellner - Train Connection Systems

SwedenTransportation, Logistics, Supply Chain and Storage

Deal value

$960,000,000

February 19, 2026

Wabtec Corporation logo
Acquirer

Wabtec Corporation

Wabtec Corporation has acquired Dellner - Train Connection Systems for $960.0 million, a strategic move set to significantly expand its capabilities within the global rail industry. Dellner, a company with 84 years of experience, is recognized as one of the world’s leading suppliers of train connection systems, bringing a deep legacy of expertise to Wabtec’s portfolio.

Founded in 1941 and headquartered in Falun, Sweden, Dellner has established a robust global presence, operating through 17 subsidiaries and employing more than 1200 professionals worldwide. Its comprehensive product range includes essential components such as couplers, gangways, front hatches, dampers, and advanced crash energy management systems, in addition to a strong service segment. Dellner is known for its commitment to producing safe, reliable, and innovative train connections, consistently delivering state-of-the-art and cutting-edge products to its diverse customer base.

This acquisition is strategically significant for Wabtec Corporation, as it integrates Dellner’s specialized engineering and manufacturing capabilities, along with its extensive global footprint, into Wabtec’s existing operations. The combination is expected to enhance Wabtec’s comprehensive offerings within the rail sector, providing a broader and more integrated range of critical components and services. Anticipated synergies include expanded market access, a more diversified product portfolio, and the potential for developing highly integrated solutions that leverage the combined strengths in rail technology and innovation.

The acquisition clearly demonstrates Wabtec’s intent to strengthen its leadership in the global rail equipment and services market. The combined entity is poised to deliver enhanced value and innovation to customers worldwide, building on Dellner’s proven track record of safety and reliability and Wabtec’s broader industry presence. This integration aims to meet the evolving demands of modern rail transportation with advanced, comprehensive solutions.

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