Knorr-Bremse AG (Knorr-Bremse), a subsidiary of KB Holding GmbH, is a developer, producer, manufacturer, and marketer of braking systems and sub-systems for rail and commercial vehicles. Its product portfolio for rail vehicle system includes entrance systems, climate control systems and HVAC, control systems, and electrical systems. The company’s commercial vehicles product portfolio comprises dampers, compressors, electronic systems, braking systems, steering systems, and disc brakes. Knorr-Bremse also offers services including original part logistics, repair and maintenance, onsite support, and training services. The company provides its products under the brand names Knorr-Bremse, ZELISKO, Merak, Evac, and Selectron. It operates in Europe, Africa, the Americas, and Asia. Knorr-Bremse is headquartered in Munich, Bayern, Germany.
Headquarters
Germany
Address
Moosacher Str. 80, Muenchen, Bayern, 80809
Website
www.knorr-bremse.com
No of Employees
33,319
Industry
Automotive
Ticker Symbol & Exchange
KBX (ETR)
Revenue (2022)
$8.6B
10.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
13.3%
(2022 vs 2021)
Market Cap*
$11.8B
Net Profit Margin (2022)
XYZ
2.2%
(2022 vs 2021)
* As of and is in US$
Knorr-Bremse AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Rail Vehicle Systems: | Truck Services | Knorr-Bremse |
| Entrance Systems | Rail Services | Kiepe Electric |
| Climate Control Systems and HVAC | Repair and Maintenance | Zelisko |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In October, the company announced its plans to acquire the railway business of Escorts Kubota. |
| 2023 | Contracts/Agreements | In April, the company signed a supply agreement with Dawonsys to equip more Dawonsys regional and commuter trains with electropneumatic braking systems and bolster presence in regional market. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired Westcode UK from Unipart Rail. |
Competitor Comparison
| Key Parameters | Knorr-Bremse AG | Robert Bosch GmbH | ZF Friedrichshafen AG | Nexteer Automotive Group Ltd | Cooper-Standard Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Germany | United States of America | United States of America |
| City | Muenchen | Stuttgart | Friedrichshafen | Saginaw | Northville |
| State/Province | Bayern | - | Baden-Wurttemberg | Michigan | Michigan |
| No. of Employees | 33,319 | 421,338 | 151,895 | 12,900 | 23,000 |
| Entity Type | Public | Private | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marc Llistosella | Chief Executive Officer | Senior Management | 2023 | - |
| Frank Markus Weber | Chief Financial Officer | Senior Management | 2020 | - |
| Reinhard Ploss | Chairman | Non Executive Board | 2022 | 68 |
| Franz Josef Birkeneder | Deputy Chairman | Non Executive Board | 2016 | 63 |
| Theodor Weimer | Deputy Chairman | Non Executive Board | 2021 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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