Knorr-Bremse Group completed the acquisition of DSB Component Workshops from DSB for €50m.

Knorr-Bremse Group, a German manufacturer of braking systems for rail and commercial vehicles, completed the acquisition of DSB Component Workshops, the component and spare parts workshops of DSB, a Danish state rail operator, for €50m. "As Denmark’s prime rail operator, ensuring that our fleets are fully functional so we can offer well-paced rail mobility to our passengers is our top priority. With high-end rail services being a key factor in keeping our installed fleet moving, we are very happy to have reached an acquisition agreement for DSB Component Workshops with Knorr-Bremse. As a leading specialist in the service market for all types of rail vehicles, Knorr-Bremse has all that it takes to bring DSB Component Workshop’s know-how and skills to the next level, develop its value proposition, expand into the digital realm, and help us make train travel in Denmark even more available and attractive over the next years," Flemming Jensen, DSB CEO.