Wabtec acquires Australia’s C2CE
Written by William C. Vantuono, Editor-in-ChiefWabtec Corp. has acquired C2CE Pty Ltd., a provider of railway signal design services in Australia.
Based in Perth, Australia, C2CE provides turnkey train control, signaling, and communications services, including design, project management, and installation for railway markets in Australia and Southeast Asia. The company also designs and installs high- and low-voltage power distribution systems, and provides electrical and communications solutions for industrial markets such as mining and power generation. C2CE has annual sales of about $35 million.
In addition to Perth, C2CE also has offices in Brisbane and Melbourne, Australia, and in Hong Kong. The company has about 200 employees.
“C2CE’s strong regional presence and technical resources will be an excellent fit with our electronics, signaling, and train control capabilities,” said Wabtec President and 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.”
