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Knorr-Bremse to acquire electrical systems activities of Vossloh

The Knorr-Bremse Group announced that it is acquiring Vossloh Kiepe – the electrical systems unit of Vossloh AG. Based in Dusseldorf, Germany, Vossloh Kiepe is a globally active supplier of electrical traction equipment. A wholly-owned subsidiary of Vossloh AG, in financial 2015 Vossloh Kiepe GmbH reported sales of a....

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