Sign up for our weekly email to stay on top of the latest news and insights!
Knorr-Bremse has announced the sale of its subsidiary, GT Emissions Systems, to Rcapital Partners, a UK-based private equity fund. GT Emissions Systems, located in Peterlee, UK, is a prominent supplier of emission control systems for diesel engines in both on-highway commercial and off-highway vehicles. The deal is expected to finalize in the fourth quarter. This strategic move aligns with Knorr-Bremse’s goal to optimize its portfolio and enhance its core competencies.
Key Highlights:
- Subsidiary Sold: GT Emissions Systems, a leading supplier of diesel engine emission control systems.
- Buyer: Rcapital Partners, a UK-based private equity fund.
- Completion Date: Expected in the fourth quarter.
- Strategic Focus: Knorr-Bremse aims to optimize its portfolio and concentrate on core competencies.
- Sales Performance: GT Emissions Systems generated approximately €70 million in 2023.
- Broader Strategy: Part of Knorr-Bremse’s BOOST 2026 program for profitable growth.
GT Emissions Systems specializes in the global Engine Air portfolio, which includes exhaust throttle and exhaust gas recirculation valves. The company supplies emission control systems to major manufacturers, helping diesel engines meet international emission standards. In 2023, GT Emissions Systems reported sales of about €70 million.
Bernd Spies, a member of the Knorr-Bremse AG Executive Board and responsible for the Commercial Vehicle Systems division, stated: “For us, the sale of our GT Emissions Systems subsidiary represents the next critical progression in the optimization of our truck division’s portfolio. In future, we are going to concentrate even more strongly on our core competencies. In Rcapital Partners, we have found a buyer for GT Emissions Systems capable of excellently developing and fully leveraging the company’s potential.”
The sale of GT Emissions Systems is the third successful divestment by Knorr-Bremse this year under its BOOST 2026 (Knorr-Bremse Operational Optimization Strategy and Transformation) program. This initiative involves multiple strategic measures aimed at ensuring sustainable and profitable growth for the company.
About Knorr-Bremse:
Knorr-Bremse is a global leader in braking systems and a major supplier of other rail and commercial vehicle systems. The company’s products significantly enhance safety and energy efficiency on rail tracks and roads worldwide. With 33,000 employees across over 100 locations in approximately 30 countries, Knorr-Bremse is committed to developing and producing innovative solutions and services that meet the highest technological standards. In 2023, the company’s two divisions generated revenues of around €7.9 billion. For nearly 120 years, Knorr-Bremse has been at the forefront of mobility and transportation technologies, leveraging global trends in urbanization, sustainability, digitalization, and mobility.
Subscribe Today!
Sign up for our weekly eNewsletter and get a free copy of our quarterly digital magazine.
