German Brake Specialist Knorr-Bremse Strengthens Electronics Business with Duagon Purchase
German braking systems specialist Knorr-Bremse AG has announced the acquisition of Swiss technology company Duagon Group in a strategic move to strengthen its rail electronics and software business. The €500 million transaction, signed on September 25, 2025, positions Knorr-Bremse to enhance its portfolio of safety-critical applications for rail vehicles and signaling technology. The...
A large-scale fire in Freiburg's industrial district has caused...
The European Union's automotive industry recorded a 5% year-on-year...
The Darmstadt-based Merck Group, a DAX-listed pharmaceutical and...
A large-scale fire in Freiburg's industrial district has caused extensive damage estimated at a minimum of €50 million, according to police reports. The blaze broke out on Wednesday evening from currently unknown causes and continued to burn into Thursday, with firefighting operations ongoing throughout the night. One employee from a local company sustained minor injuries during the...
