Berlin Protesters Challenge Merz With Diversity Rally at Brandenburg Gate
Hundreds of demonstrators gathered at Berlin's Brandenburg Gate on Sunday evening, forming a sea of lights with mobile phone torches and lighters to protest for diversity and against racism....
German Naval Builder TKMS Sees Shares Jump 23% in IPO Launch
Thyssenkrupp Marine Systems (TKMS), Germany's largest naval shipbuilder, made a strong debut on the Frankfurt Stock Exchange Monday, with shares trading significantly above initial...
Wohnungsbau Sentiment Improves Despite Persistent Order Shortages
The mood in Germany's residential construction sector has improved to its highest level in over three years, according to the latest Ifo Institute survey. The business climate index for housing...
Berlin Authorities Clear Partially Occupied Building Following Years-Long Dispute
Berlin police deployed approximately 130 officers in a major operation to secure the eviction of a partially occupied residential building in the city's Mitte district near the Federal...
CSU's Guttenberg Defends Party's Incompatibility Resolution With Far-Right AfD
Former German Defense Minister Karl-Theodor zu Guttenberg has firmly rejected media interpretations suggesting he supports softening the Christian Democratic Union's so-called "firewall"...

Knorr-Bremse Acquires Dutch Digital Platform TRAVIS to Expand Commercial Vehicle Services

20-10-2025


MUNICH — Knorr-Bremse AG, the German manufacturer of braking systems for trucks and trains, announced on Monday it has agreed to acquire Dutch digital services platform TRAVIS Road Services International B.V. The deal, valued in the mid-double-digit million-euro range, represents the latest step in the company's strategy to build a comprehensive aftermarket ecosystem for commercial vehicle operators.

The acquisition will see Knorr-Bremse integrate TRAVIS's online booking platform, which connects commercial vehicle operators with services including parking, cleaning, charging, and repair facilities across Europe. With more than 2,500 service partners across 26 European countries, TRAVIS provides Knorr-Bremse with an established digital infrastructure to expand its service offerings beyond traditional parts and maintenance.

Bernd Spies, member of the Knorr-Bremse AG executive board responsible for the Commercial Vehicle Systems division, stated that the acquisition marks "the next step toward a holistic and digitalized aftermarket ecosystem." He emphasized that the focus remains on improving efficiency throughout the repair and maintenance processes along the entire value chain, while creating added value for workshops, fleets, and drivers.

The transaction is expected to close by the end of the first quarter of 2026. For Knorr-Bremse, which is listed on Germany's MDAX index, the move strengthens its position in the growing digital services market for commercial vehicles, allowing the company to leverage TRAVIS's platform to develop combined service offerings that enhance operational efficiency for daily business operations.