Bloom Engineering, headquartered in Pittsburgh, PA, is a global leader renowned for its advanced design and engineering capabilities in industrial combustion systems. Metal producers worldwide depend on Bloom’s technology to enhance operational efficiency, increase production capacity, and significantly reduce carbon dioxide (CO2) and nitrogen oxide (NOx) emissions. Bloom’s innovative solutions are critical for industries striving to meet increasingly stringent environmental regulations and optimize their manufacturing processes.
The acquisition of Bloom Engineering is a strategic move for Wabtec, significantly strengthening its portfolio of heat transfer and energy solutions. By integrating Bloom’s cutting-edge technologies in burners and combustion systems, Wabtec enhances its offerings for industrial and process heating applications. This combination is expected to drive global growth and deliver increased value to Wabtec’s extensive international customer base by providing comprehensive and advanced solutions.
Founded in 1934, Bloom Engineering has a long history of innovation in combustion technology. The company boasts over 80 U.S. and foreign patents, reflecting its commitment to pushing the boundaries of furnace technology. With locations spanning the United States, Germany, India, and China, Bloom’s global presence and diverse team contribute to its ongoing success and ability to serve a worldwide market.
This acquisition, expertly advised by Delancey Street Partners, not only marks a significant milestone for both Bloom Engineering and Wabtec Corporation but also underscores Delancey Street Partners’ capabilities in facilitating strategic transactions within the industrial sector. The partnership between Bloom and Wabtec promises to accelerate innovation and deliver enhanced solutions for industrial clients globally, while further solidifying Delancey Street Partners’ reputation as a leading M&A advisor.
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