Knorr-Bremse today announced the sale of its subsidiary GT Emissions Systems to Rcapital Partners, a private equity fund based in the UK. GT Emissions Systems, based in Peterlee (UK), is a leading supplier of emission control systems for diesel engines in on-highway commercial vehicles and off-highway vehicles. The transaction is expected to close in the fourth quarter.
With this sale, Knorr-Bremse is actively advancing its portfolio optimization with a clear focus on strategic fit and performance.
Bernd Spies, member of the Knorr-Bremse AG Executive Board and responsible for the Commercial Vehicle Systems division: “For us, the sale of our GT
With this sale, Knorr-Bremse is actively advancing its portfolio optimization with a clear focus on strategic fit and performance.
Bernd Spies, member of the Knorr-Bremse AG Executive Board and responsible for the Commercial Vehicle Systems division: “For us, the sale of our GT
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