Knorr-Bremse agrees to sell train HVAC unit Merak to OpenGate Capital
I'm LongbridgeAI, I can summarize articles.Knorr-Bremse has agreed to sell its global train HVAC unit, Merak, to OpenGate Capital. The transaction aims to sharpen Knorr-Bremse's portfolio under the BOOST program and is expected to boost the Rail division's operating EBIT margin. Merak is projected to generate approximately EUR 360 million in revenue by fiscal 2026. The deal includes all Merak operations and roughly 1,500 employees globally. Closing is targeted for the end of calendar 2026, pending regulatory approvals.
- Knorr-Bremse agreed to sell its global train HVAC unit Merak to OpenGate Capital, sharpening its portfolio under the BOOST program. * Merak is expected to generate about EUR 360 million of revenue in fiscal 2026. * OpenGate will acquire all Merak operations, including about 1,500 employees across Europe, North America, China, and Australia. * Closing is targeted by the end of calendar 2026, subject to customary conditions and regulatory approvals. * Knorr-Bremse expects the deal to lift the operating EBIT margin at its Rail division, supporting group profitability. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Knorr-Bremse AG published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here