Knorr-Bremse is strengthening especially its resilient rail business
The acquisition is accretive from the beginning
By acquiring one of the market leaders in North America, Knorr-Bremse is increasing its overall revenue share in the aftermarket business and the region
By entering the global rail control, command, and signalling (CCS) technology market, the total addressable rail market volume for Knorr-Bremse will increase by up to € 20 billion in the medium term
Acquisition underscores the clear plan for implementing the Group-wide “BOOST 2026” strategy program
Transaction expected to close during summer 2024
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