Today Knorr-Bremse announced the sale of its SafetyDirect® product line, portal and operations to Rand McNally. Rand McNally, a TELEO Capital Management, LLC portfolio company, is a provider of innovative fleet management and transportation solutions.
The sale – finalized March 7, 2024 – represents another step forward in Knorr-Bremse’s active portfolio optimization, which prioritizes core competencies and performance.
Bernd Spies, Member of the Executive Board of Knorr-Bremse AG and responsible for the Commercial Vehicle Systems division, notes that: “With the sale of our SafetyDirect product line, we’re continuing the successful optimization of our Truck division’s portfolio. Bendix, our North American
The sale – finalized March 7, 2024 – represents another step forward in Knorr-Bremse’s active portfolio optimization, which prioritizes core competencies and performance.
Bernd Spies, Member of the Executive Board of Knorr-Bremse AG and responsible for the Commercial Vehicle Systems division, notes that: “With the sale of our SafetyDirect product line, we’re continuing the successful optimization of our Truck division’s portfolio. Bendix, our North American
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