AUSTRALIA: Wabtec Corp announced its acquisition of Perth-based C2CE on September 3. C2CE provides signalling design, project management and installation services, and is active in the industrial power distribution and communications sectors.
It has 200 employees at offices in Perth, Brisbane, Melbourne and Hong Kong, with annual sales of about US$35m in Australia and Southeast Asia,
‘C2CE’s strong regional presence and technical resources will be an excellent fit with our electronics, signalling and train control capabilities’, said Wabtec President & CEO Raymond T Betler. ‘We expect to leverage the company’s existing customer relationships, as we pursue turnkey projects in this large and growing region.’
