Brief: Knorr-Bremse Acquires Duagon Group, Purchase Price Around EUR 500 Mln

Deutsche Beteiligungs AG

25/09/2025 10:27

Sept 25 (Reuters) - KNORR BREMSE AG KBX.DE:

ACQUIRES DUAGON GROUP, ENHANCING GROWTH OF GLOBAL RAIL BUSINESS

CLOSING SUBJECT TO REGULATORY APPROVALS

KNORR-BREMSE EXPECTS EUROS 5-10 MILLION SYNERGIES BY 2028

PURCHASE PRICE WILL INITIALLY BE FINANCED FROM AVAILABLE LIQUIDITY AND EXISTING CREDIT LINES

SIGNS CONTRACT FOR EUROS 500 MILLION PURCHASE PRICE

PRICE MAY INCREASE DUE TO PERFORMANCE BONUS

Source text: ID:nEQ3lsSx0a

Further company coverage: KBX.DE

 (Gdansk Newsroom)

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