Rcapital Partners completed the acquisition of GT Emissions Systems from Knorr-Bremse.

Rcapital Partners, a company specializing in turnaround investments, completed the acquisition of GT Emissions Systems, a company focused on emission control systems for diesel engines, from Knorr-Bremse, a company specializing in braking systems and vehicle components. Financial terms were not disclosed. "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. 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," Bernd Spies, Knorr-Bremse Member of the Executive Board.