Knorr-Bremse, a global leader in braking and safety systems for commercial vehicles, has successfully completed the sale of its Peterlee-based subsidiary, GT Emissions Systems, to Rcapital Partners, a private equity fund headquartered in the UK. The announcement marks the finalisation of a transaction initially revealed on August 5, 2024, with completion expected by the end of that year.
This move is a pivotal step in Knorr-Bremse’s ongoing portfolio optimisation under its BOOST 2026 programme (Knorr-Bremse Operational Optimization Strategy and Transformation), focusing on streamlining operations and prioritising strategic fit and performance.
GT Emissions Systems: A Market Leader
GT Emissions Systems is a leading supplier of emission control components for diesel engines, serving both on-highway and off-highway vehicle sectors. The company’s portfolio includes exhaust throttle and exhaust gas recirculation valves, essential for meeting stringent emission standards.
In 2023, GT Emissions Systems reported sales of approximately €70 million. Its expertise and market presence are expected to thrive under the ownership of Rcapital Partners, a firm specialising in business transformations and growth.
Knorr-Bremse’s Portfolio Focus
The sale of GT Emissions Systems represents the third divestment by Knorr-Bremse in 2024, reinforcing its strategy to focus on core competencies. By shedding non-core businesses, the company aims to bolster its position in key markets and enhance long-term profitability.
This transaction aligns with Knorr-Bremse’s commitment to operational efficiency and strategic growth under its BOOST 2026 initiative. The programme aims to streamline its portfolio and channel resources into areas where the company has competitive advantages.
A Future-Focused Move
With the successful completion of this transaction, Knorr-Bremse has taken another step towards achieving its strategic goals. The company continues to demonstrate its ability to adapt and evolve in a competitive and dynamic market environment.
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