Knorr-Bremse Finalizes Sale of GT Emissions Systems to Rcapital Partners as Part of Ongoing Portfolio Optimization

Knorr-Bremse Finalizes Sale of GT Emissions Systems to Rcapital Partners as Part of Ongoing Portfolio Optimization

(IN BRIEF) Knorr-Bremse has completed the sale of its subsidiary, GT Emissions Systems, to UK-based Rcapital Partners, marking a key milestone in the company’s portfolio optimization efforts. GT Emissions Systems specializes in emission control systems for diesel engines and has an annual revenue of around EUR 70 million. The transaction is part of Knorr-Bremse’s BOOST 2026 program, which aims to streamline operations and enhance profitability. Bernd Spies, a Knorr-Bremse executive, highlighted the strategic focus and performance improvements resulting from this sale, aligning the company for sustained growth.

(PRESS RELEASE) MUNICH, 23-Jan-2025 — /EuropaWire/ — Knorr-Bremse, the global leader in braking systems and a key supplier of rail and commercial vehicle systems, has successfully completed the sale of its subsidiary GT Emissions Systems to the UK-based private equity firm Rcapital Partners. Based in Peterlee, Great Britain, GT Emissions Systems is renowned for supplying emission control systems for diesel engines in both on-highway and off-highway vehicles. The transaction, which closed on 22 January 2025, marks a significant step in Knorr-Bremse’s ongoing efforts to streamline its portfolio and enhance its strategic focus on performance.

Bernd Spies, a member of the Knorr-Bremse AG Executive Board and head of the Commercial Vehicle Systems division, emphasized the importance of the sale: “This sale represents another key milestone in our portfolio optimization journey. It enables GT Emissions Systems to sharpen its focus under new ownership, while we continue to align Knorr-Bremse with a clear emphasis on strategic fit and profitability.”

GT Emissions Systems, with an annual revenue of approximately EUR 70 million, is a key player in emission control technologies, supplying vital components such as exhaust throttle and exhaust gas recirculation valves to major manufacturers. The company’s solutions are instrumental in helping diesel engine manufacturers meet stringent international emission standards.

This sale is part of Knorr-Bremse’s broader strategy under its BOOST 2026 program, which has already resulted in the successful sale of four investments within the last 12 months. With these strategic moves, Knorr-Bremse continues to focus on securing sustainable, profitable growth as it further optimizes its operations for the years ahead.

About Knorr-Bremse

Knorr-Bremse (ISIN: DE000KBX1006, ticker symbol: KBX) is the global market and technology leader for braking systems and a leading supplier of other rail and commercial vehicle systems. Knorr-Bremse’s products make a decisive contribution to greater safety and energy efficiency on rail tracks and roads around the world. More than 32,000 employees at over 100 locations in 30 countries develop and produce innovative solutions and services that meet the highest technological standards. In 2023, Knorr-Bremse’s two divisions together generated revenues of approximately € 7.9 billion. For almost 120 years, the company has been at the cutting edge of its industries, driving innovation in mobility and transportation technologies with a leading edge in connected system solutions. Knorr-Bremse is one of Germany’s most successful industrial companies and profits from the key global megatrends: urbanization, sustainability, digitalization, and mobility.

Media Contacts:

Anika Wild
Head of Media Relations, Spokesperson Corporate
anika.wild@knorr-bremse.com
+49 89 3547 2470

Andreas Spitzauer
Head of Investor Relations
andreas.spitzauer@knorr-bremse.com
+49 89 3547 182310

SOURCE: Knorr-Bremse AG