Wabtec (WAB +2.8%) moves higher today after saying it's acquired Napier Turbochargers, a UK...

|By:, SA News Editor

Wabtec (WAB +2.8%) moves higher today after saying it's acquired Napier Turbochargers, a UK -based provider of turbochargers and related parts for the worldwide power generation and marine markets with annual sales of about $55M. WAB expects the transaction to be accretive in the first year.