The Knorr-Bremse Group has acquired the rail transport activities of brake pad specialist TMD Friction.
“Through the acquisition of the rail transport activities of TMD Friction we are strengthening both our market position and our know-how in friction materials. Being able to develop braking systems and friction materials from start to finish will help us further improve the braking effect, reduce noise and cut life cycle costs, benefitting our customers and the environment,” Klaus Deller, Chairman of the Executive Board of Knorr-Bremse AG said.
TMD Friction is a member of the Nisshinbo Holdings Inc. of Japan, one of the world’s leading manufacturers of friction materials for automobiles, commercial and rail vehicles. The company develops and produces innovative friction materials for almost all railway applications at its plants in Coswig, Germany and Manchester, UK.
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