- CEO
- Marc Llistosella Y Bischoff
- Full Time Employees
- 29,051
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Moosacher Strasse 80 Munich Germany 80809
- IPO Date
- Jan 25, 2019
- Business
- Knorr-Bremse AG is a leading global manufacturer specializing in braking systems and safety-critical sub-systems for rail and commercial vehicles. Founded in 1905 and headquartered in Munich, Germany, the company operates through two main divisions: Commercial Vehicle Systems and Rail Vehicle Systems. Knorr-Bremse's product portfolio includes air braking systems under brands such as Knorr-Bremse and Bendix; torsional vibration dampers; transmission control systems; intelligent door systems; control components; air conditioning systems for rail vehicles; and safety-related hardware and software solutions. The company serves original equipment manufacturers (OEMs) and aftermarket customers worldwide, supported by more than 100 locations in over 30 countries.
Recent major developments include the strategic acquisition of Dutch company TRAVIS Road Services International B.V., an online booking platform for commercial vehicle road services encompassing parking, charging, cleaning, and repairs, aimed at expanding Knorr-Bremse’s digital aftermarket capabilities. In 2024, Knorr-Bremse also acquired the duagon Group, a Swiss supplier of railway electronics and signaling solutions, and Alstom's American rail signaling business for $690 million to strengthen its rail systems portfolio. The company is advancing digital transformation with products such as the Knorr-Bremse Node and Hub—developed in partnership with Nexxiot—for connected passenger and freight trains, delivering real-time data and scalable cloud services via subscription models. Furthermore, Knorr-Bremse TruckServices unveiled new digitized aftermarket solutions including enhanced diagnostics, electronic control unit (ECU) repair strategies, and retrofit systems like the Active Pad Release for pneumatic disc brakes, reducing fuel consumption and emissions.
Knorr-Bremse’s operations capitalize on megatrends including urbanization, sustainability, and digitalization, focusing on safety, efficiency, and environmental performance in mobility for road and rail sectors. The company generated revenues of approximately €7.9 billion in 2024 with a workforce exceeding 32,000 employees globally. Recent investments also include the expansion of the Aldersbach plant to support production of all-electric steering systems, aligned with European funding initiatives. Knorr-Bremse maintains a strong presence in Europe, North America, and Asia, positioning itself as a technology leader and innovator in transportation safety and system integration.