Knorr-Bremse AG has acquired TRAVIS Road Services International B.V., strengthening its service offerings in the commercial vehicle sector and enhancing its operational efficiencies.
Target Information
Knorr-Bremse AG, a global leader in braking systems and a prominent supplier of rail and commercial vehicle systems, operates with core values centered on Entrepreneurship, Technical Excellence, Reliability, Passion, and Responsibility. These principles guide the company’s actions and define its corporate culture. Founded over 120 years ago, Knorr-Bremse has built a reputation for innovation and quality in its products and services, ensuring safe and efficient mobility solutions across various markets.
The company has recently announced its acquisition of TRAVIS Road Services International B.V., an online booking platform based in the Netherlands that caters to commercial vehicle operations, including services for parking, cleaning, charging, and repairs. This strategic move aligns with Knorr-Bremse's mission to enhance its service offerings in the commercial vehicle sector and improve operational efficiencies for its customers.
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Industry Overview
The commercial vehicle systems industry in the Netherlands is witnessing significant growth, driven by the increasing demand for advanced vehicular technologies and e-mobility solutions. As logistics and transportation play a crucial role in the economy, providers of commercial veh
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