10 June 2022 Europe

Knorr-Bremse Concludes Strategic Cooperation And Investment Agreement With Nexxiot To Boost Digital Business Models For The Rail Industry

Knorr-Bremse, the global market leader for braking systems and other rail and commercial vehicle systems, has concluded a strategic cooperation and investment agreement with Nexxiot. Capturing long-term business opportunities is an integral part of Knorr-Bremse’s strategy. Apart from organic growth, Knorr-Bremse pursues bolt-on mergers and acquisitions (M&A) to access external tech expertise and enable Knorr-Bremse’s clients to benefit from growth markets and emerging developments in the transpo

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