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Vossloh Kiepe to become Kiepe Electric

Press Release
Munich, 9th May 2017

Vossloh Kiepe to become Kiepe Electric
Knorr-Bremse has initiated the renaming of its new subsidiary: Vossloh Kiepe will in
future be called Kiepe Electric GmbH.
“With the renaming process we are taking the logical next step in the successful development
of our business and the integration of our new subsidiary into our Group structures,”
says Klaus Deller, Chairman of the Executive Board of Knorr-Bremse AG and responsible
for the Rail Vehicle Systems division. “This acquisition will lead to the expansion of not only
our rail vehicle systems portfolio but our commercial vehicle systems offering as well. Given
the increasing levels of electrification in the commercial vehicle sector, as a systems supplier
for electric buses Kiepe Electric opens up new growth opportunities and potential applications
in this segment. The main advantages for our customers in both the rail and bus
sectors are the technological benefits generated by greater sub-system connectivity.”
Knorr-Bremse and Vossloh signed an agreement governing the acquisition in December
2016. Kiepe Electric is a globally active supplier of electrical equipment. Its customer base
includes the leading rail vehicle and bus manufacturers. The company offers efficient solutions
and ecologically sustainable concepts for low-emission public transportation. Kiepe
Electric specializes in eco-friendly electrical equipment for light rail vehicles, metros, regional
rail networks and electrically powered buses, as well as in the modernization of rail
vehicles. Along with system integration for trolley buses, the company also realizes systems
for other electrically powered buses such as battery-driven and In Motion Charging (IMC®)
buses. With In Motion Charging, trolley buses cover sections of route without overhead
lines in battery-powered mode, with the batteries then being recharged when the vehicle is
back under overhead lines. Kiepe Electric also specializes in rail vehicle modernization. The
company offers its products and services to mass transit authorities, state and private railroad
operators, and their supplier industry.
At the corporate headquarters of Kiepe Electric GmbH in Düsseldorf and at six subsidiaries
around the world, the company employs some 700 people. Annual group sales total approximately
EUR 200 million. Every day, the company’s employees invest their knowledge
in the development, design and manufacture of advanced, high quality products. Kiepe
Electric’s success is based first and foremost on the competitiveness of its products and
services. When new products and processes are developed, special attention is paid to
their ecological impacts and sustainability, with preference being given to eco-friendly, durable
and recyclable products.
Caption 1: The inner workings of a light rail vehicle I © Kiepe Electric GmbH
Caption 2: A view of production operations I © Kiepe Electric GmbH
Caption 3: The new logo of Kiepe Electric GmbH. | © Knorr-Bremse
Knorr-Bremse is the leading manufacturer of braking systems and supplier of additional sub-systems
for rail and commercial vehicles, with sales totaling approximately EUR 5.5 billion in 2016. Some
25,000 employees develop, manufacture, and service braking, entrance, control, and energy supply
systems, HVAC and driver assistance systems, as well as powertrain-related solutions. As a technology
leader, through its products the company has been making a decisive contribution to greater
safety by road and rail since 1905. Every day, more than one billion people around the world put
their trust in systems made by Knorr-Bremse.

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