Wabtec completed the acquisition of L&M Radiator for $230m.

Wabtec, a provider of equipment, systems, digital solutions, and value-added services, completed the acquisition of L&M Radiator, a manufacturer of heavy-duty equipment radiators and heat exchangers, for $230m. “We are excited to welcome L&M Radiator to Wabtec. This transaction will further Wabtec’s presence in premium heat transfer solutions and will extend and complement Wabtec’s mining products portfolio. In addition, L&M’s technology further enhances Wabtec’s mission to develop clean energy solutions for operations in mining,” Mike Fetsko, Wabtec President of freight & industrial components business.