Braking system specialist, Knorr-Bremse, is advancing its portfolio optimisation strategy.
The company recently completed the sale of subsidiary GT Emissions Systems to a private equity fund in the UK, Rcapital Partners.
GT Emissions Systems, based in Peterlee, UK, is a supplier of emission control systems for diesel engines in on-highway commercial vehicles and off-highway vehicles.
The deal closed on 22 January 2025.
“With the sale of GT Emissions Systems, we have now achieved another important milestone, and the company will be able to focus clearly on its own strengths and business under the new ownership of Rcapital Partners,” said Bernd Spies, member of the Knorr-Bremse AG Executive Board and responsible for the Commercial Vehicle Systems division.
“At the same time, we are increasing our performance with a clear focus on ‘strategic fit’ and aligning Knorr-Bremse even more consistently towards profitability.”
The global Engine Air portfolio of GT Emissions Systems is reported to comprise exhaust throttle and exhaust gas recirculation valves, among other things. The company supplies leading manufacturers with emission control systems for diesel engines in on- and off-highway vehicles. GT Emissions Systems solutions make a key contribution for diesel engine manufacturers to meet the international emission standards. The annual revenue of GT Emissions Systems amounts to around 70 million euros.
With the sale of GT Emissions Systems, Knorr-Bremse has already successfully sold four investments under its BOOST 2026 program within the span of 12 months. Overall, Knorr-Bremse is working on a large number of strategic initiatives and measures for safeguarding lasting, profitable growth over the coming years.