Super Metal is one of the leading Brazilian companies in the maintenance of the way segment in the rail industry. The financial terms of the acquisition were not disclosed.
“Super Metal's solutions and equipment for railway maintenance of way have synergy with Wabtec’s Services portfolio,” said Danilo Miyasato, President & Regional General Manager of Wabtec in Latin America. “The combination of these solutions will enhance our maintenance portfolio and offer our customers increased safety, productivity, and reduced operating costs.”
Bernardo Zeferino, President of Super Metal added, “This deal highlights a lifetime of work from an entire family and boosts Super Metal's capacity to deliver innovative solutions to the market. We are excited about this new chapter as a Wabtec business.”
Super Metal has nearly 30 years of experience supplying diverse automated vehicles and maintenance equipment that include vehicles for rail and tie maintenance, as well as railcar movers. The company also specializes in machining, services, development, and project execution for day-to-day operations of railroads throughout Brazil.
“Super Metal is a great addition to our maintenance of way portfolio. Their differentiated road-to-rail solutions will accelerate our international growth in key regions such as Latin America, Asia, and Africa,” said Pascal Schweitzer, Group President of Wabtec’s Global Freight Services.
With Super Metal located in Governador Valadares city in Minas Gerais, Brazil, this acquisition provides Wabtec with a robust rail maintenance portfolio in South America. It also complements Wabtec’s existing freight rail manufacturing presence in Contagem, Brazil.