Knorr-Bremse to acquire Cojali for €200m.

Knorr-Bremse, a German manufacturer of braking systems for rail and commercial vehicles, agreed to acquire Cojali, an auto parts manufacturer, for €200m. “With Knorr-Bremse, we now have the ideal partner at our side, as well as the Group’s extensive network. This cooperation will enable us to further develop our products and services and make them available to an even larger customer base. Together, we’re effectively triggering the next stage of Cojali’s growth, by sharing our knowledge and working together with Knorr-Bremse’s team,” Venancio Alberca, Cojali Founder and CEO.