Jun 1, 2022ACQUISITIONSpain Knorr-Bremse acquires majority stake in Cojali
Knorr-Bremse signed a contract to acquire a 55% majority stake in Cojali, a Spanish developer of multi-brand diagnostics equipment and components for commercial vehicles. The transaction is subject to antitrust approval.
Value
$210.0M (200.0M EUR)
Productsmulti-brand diagnostics equipmentremote diagnosticspredictive maintenance
“With Knorr-Bremse, we now have the ideal partner at our side, as well as the Group's extensive network.”cojaliparts.com
- 4 sources
- cojaliparts.comCojali S. L. is committed to Knorr-Bremse as strategic partner to promote the growth and development of the company, turning the German company into the majority shareholder of the company - Cojali PartsJun 15, 2022
- iberianlawyer.comDLA Piper and TKL in the acquisition of a majority stake in Cojalisusana.claudio@iberianlegalgroup.comJun 15, 2022
- lectura.pressCojali S. L. makes Knorr-Bremse the majority shareholder of the company | LECTURA PressCojaliJul 5, 2022
- newsroom.knorr-bremse.comKnorr-Bremse takes diagnostics and maintenance management for commercial vehicles to a whole new levelSep 16, 2022
Summarized from public sources; check the original articles before acting on it.
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