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Holcim to Acquire German Building Materials Firm Xella in €1.85 Billion Deal
Swiss cement conglomerate Holcim has agreed to acquire German building materials manufacturer Xella for €1.85 billion, marking a significant strategic move in the European construction sector. The transaction, announced on Monday, is expected to be finalized in the second half of 2026, pending approval from relevant regulatory authorities. Xella, headquartered in Duisburg, Germany, is a...
Knorr-Bremse Acquires Dutch Digital Platform TRAVIS to Expand Commercial Vehicle Services
MUNICH — Knorr-Bremse AG, the German manufacturer of braking systems...
India Rejects Pakistan's Human Rights Criticism as Hypocritical
At the 60th session of the United Nations Human Rights Council in...
German Industrialist Clashes with Town Over Traffic Calming Measures
The small German municipality of Schwanau in Baden-Württemberg has...



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