# OpenGate Capital to acquire Merak rail HVAC business from Knorr-Bremse

OpenGate Capital signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse. Merak is headquartered in Getafe, Spain, and has facilities in multiple countries. The transaction is expected to close by end of 2026.

- Type: Acquisition
- Announced: 2026-07-29
- Where: Getafe, Spain, Spain
- Status: announced
- Products: HVAC systems for rail vehicles
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Knorr-Bremse](https://endata.com/companies/7696.md) (partner)
- [OpenGate Capital](https://endata.com/companies/19786.md) (acquirer)
- [MERAK](https://endata.com/companies/49735.md) (target)

## Sources

- [stocks.observer-reporter.com](https://stocks.observer-reporter.com/observerreporter/article/bizwire-2026-7-29-opengate-capital-executes-agreement-to-acquire-merak-the-global-rail-hvac-business-of-knorr-bremse), 2026-07-29: "OpenGate Capital announced today that it has signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse."
- [opengatecapital.com](https://opengatecapital.com/news/opengate-capital-executes-agreement-to-acquire-merak-the-global-rail-hvac-business-of-knorr-bremse/), 2026-07-29: "OpenGate Capital announced today that it has signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.