# Knorr-Bremse acquires 32% stake in Railnova

Knorr-Bremse acquired a 32% stake in Railnova, a Belgian railway telematics and maintenance workflow software supplier. The deal was announced on May 28, 2019.

- Type: Acquisition
- Announced: 2019-05-28
- Where: Belgium
- Status: completed
- Products: railway telematics equipment, maintenance workflow software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Knorr-Bremse](https://endata.com/companies/7696.md) (acquirer)
- [Railnova](https://endata.com/companies/39713.md) (target)

## Sources

- [railwaygazette.com](https://www.railwaygazette.com/business/2019/05/31/railway-supply-industry-news-round-up/), 2019-05-31: "The Belgian company's technology 'improves asset availability and perfectly fits Knorr-Bremse's innovation culture to create market-leading solutions for the digitalisation of trains'."

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