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    KBX — Knorr Bremse AG News Story

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    Brief: Knorr-Bremse Sells Climate Control Business For Trains

    Picture of Knorr Bremse AG logoKnorr Bremse AG
    29/07/2026 07:17
    BRIEF-Knorr-Bremse Sells Climate Control Business For Trains
    July 29 (Reuters) - Knorr-Bremse:
    • SIGNS AGREEMENT TO SELL GLOBAL HVAC BUSINESS, MERAK, TO OPENGATE CAPITAL
    • TRANSACTION EXPECTED TO CLOSE BY END OF 2026
    • MERAK EXPECTED TO GENERATE REVENUE OF ~€360 MLN IN 2026
    • TRANSACTION EXPECTED TO HAVE POSITIVE IMPACT ON OPERATING EBIT MARGIN OF KNORR-BREMSE
    Further company coverage: KBX.DE

     (Reporting by Berlin newsroom)

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