Knorr-Bremse Completes Acquisition of Duagon to Bolster Rail Business

Knorr-Bremse has finalized its acquisition of Duagon Group, a key player in electronics and software solutions for the rail industry. This strategic move significantly enhances Knorr-Bremse’s expertise in signaling technology and electronic solutions, marking a pivotal milestone in its BOOST strategy aimed at long-term economic success. The acquisition positions Knorr-Bremse as a leading supplier in a rapidly growing market segment, with Duagon having achieved a compound annual growth rate of around 15% in recent years.

Integrating Duagon brings substantial synergy potential, promising cost savings in research, development, and purchasing. The collaboration is expected to increase efficiency and innovation across multiple sectors within Knorr-Bremse. With Duagon’s proven track record, the acquisition is set to propel growth opportunities, particularly in communication and control solutions for rail transport.