German brake maker Knorr-Bremse has been in business since 1905, but shares are going public for the first time.
Last year, Knorr-Bremse had $7.2 billion in revenue. It controls a large share of the market in pneumatic commercial and train brakes. With almost 30,000 employees divided between 30 facilities, the company has a global reach. In the United States, its major brands include Bendix and New York Air Brake.