Knorr-Bremse Aktiengesellschaft: management transactions · Germany · BaFin

About Knorr-Bremse Aktiengesellschaft

Knorr-Bremse Aktiengesellschaft (ISIN: DE000KBX1006, ticker: KBX.DE) is a German industrial group listed on Xetra/Frankfurt (DAX/MDAX/SDAX) and headquartered in Germany, in Munich. Founded in 1905 in Berlin by Georg Knorr, the company has spent more than 120 years building a global franchise in braking systems and, more broadly, safety-critical subsystems for rail and commercial vehicle applications. Today, Knorr-Bremse describes itself as the global market and technology leader for braking systems and a leading supplier of innovative solutions for the rail and commercial vehicle industries. ([knorr-bremse.com](https://www.knorr-bremse.com/en/company/120th-anniversary/knorr-bremse-history/?utm_source=openai)) The group is structured around two core business divisions: Rail Vehicle Systems and Commercial Vehicle Systems. Rail Vehicle Systems serves mass transit and long-distance rail applications, including commuter trains, metro cars, light rail vehicles, locomotives, high-speed trains and freight cars, supplying highly advanced, safety-critical equipment. Commercial Vehicle Systems covers heavy-duty and industrial vehicles with pneumatic braking systems, disc and drum brakes, brake cylinders, valves, steering systems, vehicle dynamics solutions, driver assistance systems and electronic leveling control. Knorr-Bremse also emphasizes adjacent capabilities in electronics, software and aftermarket services. ([knorr-bremse.com](https://www.knorr-bremse.com/en/company/business-divisions/?utm_source=openai)) From a competitive standpoint, Knorr-Bremse is supported by a strong technology base, long-standing customer relationships and a large installed fleet, which together underpin recurring aftermarket demand for spare parts, service and maintenance. The company is well positioned to benefit from structural mobility trends such as urbanization, eco-efficiency, digitalization, automation and stricter safety requirements. Management also frames the group’s mission around making mobility safer, more efficient and climate-friendly on roads and railways. ([knorr-bremse.com](https://www.knorr-bremse.com/company/?utm_source=openai)) Recent developments point to a strategy focused on margin quality and portfolio expansion. In 2025, Knorr-Bremse reported robust operating momentum and higher profitability, while continuing to expand into higher-margin areas through acquisitions. The company highlighted KB Signaling, acquired in 2024, and the more recent purchases of duagon Group and TRAVIS Road Services, with duagon expanding rail electronics and software and TRAVIS strengthening digital aftermarket solutions for commercial vehicles. These moves suggest an ongoing shift toward software-enabled, service-oriented growth alongside the core braking business. ([newsroom.knorr-bremse.com](https://newsroom.knorr-bremse.com/en/knorr-bremse-on-course-for-success-with-higher-profit-and-profitability/?utm_source=openai))