# Heramba to acquire Kiepe Electric from Knorr-Bremse

Heramba has entered into a definitive agreement to acquire Kiepe Electric, a provider of electrification solutions for commercial and public transport, from Knorr-Bremse. The deal is expected to close in the second half of 2023.

- Type: Acquisition
- Announced: 2023-08-18
- Status: announced
- Products: power electronics products, electric drives, vehicle controls hardware, fleet management software, charging solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Knorr-Bremse](https://endata.com/companies/7696.md) (partner)
- [Kiepe Electric](https://endata.com/companies/43442.md) (target)
- [Heramba](https://endata.com/companies/72125.md) (acquirer)

## Sources

- [bus-news.com](https://bus-news.com/heramba-to-acquire-kiepe-electric-from-knorr-bremse/), 2023-08-18: "Heramba has entered into a definitive agreement with Knorr-Bremse to acquire Kiepe Electric, a company focused on decarbonising commercial and public transport through its electrification solutions."

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