Knorr-Bremse has signed an agreement governing the acquisition of Selectron Systems AG of Lyss, Switzerland. Through this acquisition, Knorr-Bremse is expanding its portfolio to include components and solutions for the automation of rail vehicles. Completion of the takeover remains subject to approval by the anti-trust authorities.
Selectron Systems AG will continue to offer its established, successful range of systems, products, and services in the marketplace and will be strengthening and expanding this range through further innovations. Its integration into the Knorr-Bremse Group will extend the available portfolio of services, thereby facilitating supplier management for vehicle
manufacturers and operators. In addition, Selectron Systems AG will be able to utilize the worldwide Knorr-Bremse sales and service network to provide its customers with even better support at international level. Customers of both Knorr-Bremse and Selectron stand to benefit in the original equipment, operators, and aftermarket sectors alike.
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