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Knorr Bremse AG

KBX:DEU

Knorr Bremse AG

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  • Price (EUR)66.00
  • Today's Change0.70 / 1.07%
  • Shares traded283.04k
  • 1 Year change-36.42%
  • Beta--
Data delayed at least 15 minutes, as of May 20 2022 20:55 BST.
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About the company

Knorr Bremse AG is a Germany-based company that manufactures braking systems and other subsystems for rail and commercial vehicles. It operates through two segments: Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment equips mass transit vehicles, such as metro cars, and mainline freight and passenger trains with brake systems, as well as entrance systems, heating, ventilation and air conditioning (HVAC) systems, auxiliary power supply, driver assistance systems, electrical traction equipment and control technology, among others. The Commercial Vehicle Systems segment offers products for trucks, buses, trailers and agricultural machinery. The product portfolio includes brake systems and vehicle dynamics solutions, such as driver assistance, energy supply and distribution systems, such as air compressors, and fuel efficiency products and transmission subsystems, such as vibration dampers, among others. The Company also offers aftermarket services.

  • Revenue in EUR (TTM)6.68bn
  • Net income in EUR575.61m
  • Incorporated1998
  • Employees30.90k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		KBXX:GER since
announced		Transaction
value
Knorr-Bremse Systeme fuer Nutzfahrzeuge GmbHAnnounced13 Apr 202213 Apr 2022Announced-3.37%389.74m
Knorr-Bremse Commercial Vehicle Systems Japan LtdAnnounced13 Apr 202213 Apr 2022Announced-3.37%--
HELLA GmbH & Co KGaADeal withdrawn29 Jun 202129 Jun 2021Deal withdrawn-41.59%--
Evac GmbHDeal completed01 Jun 202101 Jun 2021Deal completed-35.10%--
Data delayed at least 15 minutes, as of May 20 2022 16:35 BST.
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