
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.

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 Intelligence Service and Natural History Museum. The operation, which has now concluded, saw police officers...

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,...

The International Biathlon Union is confronting climate change head-on with experimental roller-ski competitions, staging the Loop One Festival in Munich's Olympic Park as both a public showcase and practical preparation for potentially snowless winters. Top athletes from around the world...

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. The rally came just days after German Chancellor Friedrich Merz made controversial comments about...

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" against the far-right Alternative for Germany (AfD). The CSU politician told Deutsche Presse-Agentur in...