M&A: Knorr-Bremse completes acquisition of R.H. Sheppard Co.

Acquisition, divestment & Spinoff

Transaction, valued at USD149.5 million, was closed on 1 June 2020

Knorr-Bremse has completed the acquisition of R.H. Sheppard from WABCO Holdings Inc., United States, which sold Sheppard in connection with the acquisition of WABCO by ZF Friedrichshafen AG, Knorr-Bremse announced in a press release on 2 June.

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