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Chassis & Safety Systems

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Knorr-Bremse AG

Knorr-Bremse AG

Knorr-Bremse AG

Verified Sep 2026

Chassis & Safety Systems

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Germany flag

Munich, Germany

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Since 1905

Knorr-Bremse is the global market leader for braking systems on commercial vehicles and rail vehicles, founded in Berlin in 1905 and headquartered in Munich, Germany. Its Truck division supplies air disc brakes, electronic braking systems, AEBS, air management, and retarders to the major truck OEMs across Europe, North America, and Asia, with €3.5 billion in segment revenue in FY2025.

Knorr-Bremse AG

Verified Sep 2026

AT A GLANCE

Founded

1905

Headquarters

Germany flag

Munich, Germany

Employees

~31,000

Ownership

Listed

Knorr-Bremse AG at a glance

Revenue

€3.5B

Truck segment FY2025 · Group total €7.8B · published

Employees

~31,000

Group FY2025 · published · Truck segment ~12,000

Founded

1905

Founded in Berlin by Georg Knorr · Listed ETR: KBX since 2018

Headquarters

Munich, Germany

Moosacher Str. 80, D-80809 München

Ownership

Listed

ETR: KBX · ISIN DE000KBX1006 · Thiele family significant stake

Certifications

IATF 16949

Claimed · ISO 14001 also claimed

Import activity

138

US import shipments on record · Knorr-Bremse Powertech (NJ entity)

Known customers

Daimler Truck · TRATON · Volvo Group · Paccar

Company press and OEM program disclosures

Industries

Automotive

Electric Vehicles

Aerospace

Sourcing and import activity

From US customs bill-of-lading records — Knorr-Bremse Powertech, NJ (rail division US entity)

US sea imports

138

Named foreign suppliers

4

Top origins

Hungary · China · Germany

Most recent shipment

Jun 20, 2026

Chart of the supplier's US import shipment volume trend over time

Shared foreign counterparties do not establish that these companies buy from Knorr-Bremse AG.

What this tells a buyer

The Truck division's 9.1% EBIT margin in FY2025 was unchanged from 2024 despite an 8.8% revenue decline — margin held through a broad truck-market contraction, not padded by mix or timing.

European General Safety Regulation mandates for AEBS and lane departure warning on new trucks have accelerated electronic content per vehicle, partially offsetting unit volume declines.

Free cash flow at the group level reached an all-time high of €790 million in FY2025, with a cash conversion rate above 100% — indicating working capital discipline despite the volume downturn.

Source: Knorr-Bremse published investor relations, US customs bill-of-lading records, and public company disclosures · Last verified Sep 2026

STABILITY SIGNALS

Established & active

FinancialBuffered
TradeActive
QualityClaimed
ScaleLarge
Tenure20+ years

€3.5 billion in Truck division revenue (FY2025), 9.1% EBIT margin; group free cash flow at an all-time high of €790 million.

Operating since 1905 — over 120 years; listed on Frankfurt Stock Exchange (ETR: KBX) with approximately 31,000 employees globally.

Active US import activity via its North American entity as recently as June 2026; group order book at a record €7.9 billion as of June 30, 2026.

What Knorr-Bremse makes

Knorr-Bremse is the global market leader for braking systems on commercial vehicles and rail vehicles. The company's Truck division produces air disc brakes, drum brakes, and complete wheel-end assemblies for heavy trucks, buses, and trailers. Alongside mechanical stopping hardware, the division supplies the electronics that activate and modulate those systems: electronic braking systems (EBS), advanced emergency braking systems (AEBS), adaptive cruise control, and lane departure warning. Air management is a parallel product family covering compressors, air dryers, and trailer control modules that feed the pneumatic circuits running through every air-braked truck.

The SYNACT disc brake family, produced at the Aldersbach facility in Lower Bavaria, is the division's flagship commercial vehicle product. A retarder product line offers complementary hydrodynamic and electromagnetic braking for long-haul vehicles on mountain grades. The TRAVIS acquisition, completed in 2025 and 2026, added a commercial vehicle online booking and fleet services platform that extends the division's presence into fleet operations software.

Knorr-Bremse's Rail division serves train operators and rolling stock builders with an overlapping set of disciplines: train braking systems, entrance and door systems, HVAC, platform screen doors, and power electronics. Rail is now the larger of the two divisions by revenue, at €4.3 billion in 2025 versus €3.5 billion for commercial vehicles, and is growing. This profile focuses on the Tier-1 supplier commercial vehicle segment, which is the basis for the Berylls Top-100 ranking.

The company holds patents across brake actuation, pneumatic control architecture, and vehicle stability systems. Its products appear as original equipment on the majority of heavy trucks produced in Europe and at significant share in North America and Asia.

Financial performance

Knorr-Bremse's Truck division reported revenue of €3,503 million in fiscal year 2025, down 8.8% from €3,842 million in 2024. The EBIT margin held at 9.1%, the same as the prior year, producing segment EBIT of €319 million. The revenue decline reflects a broad contraction in European and North American truck production rather than share loss; European truck registrations fell to multi-year lows across 2024 and into 2025 as fleet customers absorbed post-pandemic replacement cycles.

At the group level, Knorr-Bremse reported revenue of €7,817 million in 2025, and free cash flow reached an all-time high of €790 million, with a cash conversion rate above 100% for the second consecutive year. The operating EBIT margin expanded to 13.0% for the group, up from 12.3% in 2024. The company had 30,913 employees as of December 31, 2025.

The Truck division has been subject to the BOOST restructuring program, including workforce adjustments: headcount fell from 13,550 at end-2024 to 11,981 at end-2025, a reduction of approximately 1,600 positions. The company has characterized this as disciplined cost management in response to market volume rather than structural retreat.

Revenue across the segment spans a bill of materials that includes both hardware components and the embedded electronics now standard in commercial vehicle safety regulation. The European General Safety Regulation mandating AEBS and LDW on new trucks has accelerated the electronic content per vehicle, partially offsetting the volume decline in unit terms.

For H1 2026, Knorr-Bremse reported group revenues of €4,080 million, up 3.1% year on year, with the Truck division delivering an operating EBIT margin of 11.7% — up from 9.9% in H1 2025. The group order book reached a record €7,887 million as of June 30, 2026.

Ownership and history

Georg Knorr founded the business in Berlin in 1905 to supply compressed-air brakes to the Prussian railway network. The company moved into commercial vehicle braking during the 1920s as pneumatic brakes became standard on trucks and buses. Growth through the twentieth century was organic and geographic, with manufacturing plants established in Germany, then across Europe, and eventually in North America and Asia.

Knorr-Bremse AG has been listed on the Frankfurt Stock Exchange under the ticker KBX since 2018, when the Thiele family executed a partial IPO. The Thiele family estate retains a significant share. The ISIN is DE000KBX1006. Headquarters remain at Moosacher Strasse 80, Munich, Germany. The company operates at over 100 locations in roughly 30 countries. Key commercial vehicle manufacturing sites include Aldersbach in Bavaria, plants in Hungary and the Czech Republic for European production, and facilities in China (Nanjing), India (Pune), and Mexico (Acuna) for regional OEM supply.

Certifications and quality

Knorr-Bremse states compliance with IATF 16949, the automotive quality management standard, across its commercial vehicle manufacturing operations. The company also states ISO 14001 environmental management system compliance. Per the company's quality disclosures, its facilities operate under multi-site IATF 16949 certification frameworks consistent with Tier-1 OEM supply requirements. Specific certificate issue dates are not published centrally; the company's quality team holds the documentation.

Braking systems supplied to OEM customers go through production part approval processes with each truck manufacturer, given the safety-critical classification of the parts.

Known customers

Customer

Evidence

Confidence

Daimler Truck

Mercedes-Benz Actros and Arocs platform braking systems — OEM program disclosure and company press releases (2025)

Documented

TRATON Group

MAN and Scania foundation brake and EBS systems — company program disclosures and press materials (2025)

Documented

Volvo Group

Volvo FH and FMX braking systems — company press and OEM disclosure (2025)

Documented

Paccar

DAF CF/XG and North American Kenworth and Peterbilt platforms — company press (2025)

Documented

Relationships with these OEMs are long-dated, typically spanning multiple vehicle generations, because brake system qualification is a multi-year process tied to chassis architecture. Switching costs for an OEM requalifying a competing brake system are substantial, which gives established Tier-1 brake suppliers structural pricing stability. For a broader view of how Tier-1 suppliers work with OEMs, see LightSource's supplier tiers explainer.

Frequently asked questions

What does Knorr-Bremse make?
Knorr-Bremse makes braking systems and related safety electronics for commercial vehicles and rail vehicles. Its commercial vehicle products include air disc brakes, drum brakes, electronic braking systems, advanced emergency braking systems, air dryers and compressors, and trailer control modules. Rail products cover train brakes, door and entrance systems, and HVAC units for rolling stock.

Who owns Knorr-Bremse?
Knorr-Bremse AG is publicly listed on the Frankfurt Stock Exchange under the ticker KBX (ISIN DE000KBX1006). The Thiele family estate holds a significant stake following the 2018 partial IPO. There is no corporate parent; Knorr-Bremse is an independent listed company headquartered in Munich, Germany.

What is Knorr-Bremse's revenue?
The Truck division generated €3,503 million in revenue in fiscal year 2025, down 8.8% from €3,842 million in 2024. At the group level (including Rail), Knorr-Bremse reported €7,817 million in 2025 revenue, per the company's published investor relations data. Group H1 2026 revenue was €4,080 million, up 3.1% year on year.

Where is Knorr-Bremse headquartered?
Knorr-Bremse is headquartered at Moosacher Strasse 80, D-80809 Munich, Germany. The group operates at over 100 locations across approximately 30 countries, with commercial vehicle manufacturing concentrated in Germany, Hungary, the Czech Republic, China, India, and Mexico.

Who are Knorr-Bremse's customers?
Knorr-Bremse supplies braking systems and safety electronics to the major commercial vehicle OEMs, including Daimler Truck, the TRATON Group (MAN and Scania), the Volvo Group, and Paccar (DAF, Kenworth, Peterbilt). The Rail division customers include train operators and rolling stock builders across Europe, North America, and Asia.

Last verified Sep 2026. Is this your company? Request a correction.

Latest news

Jul 2026

Knorr-Bremse reported H1 2026 group revenues of €4.1 billion (+3.1% YoY), Truck division operating EBIT margin of 11.7%, and a record order book of €7.9 billion; the company launched its "Growth Beyond" strategy targeting €10 billion in revenue and a 16% operating EBIT margin by 2030 (Knorr-Bremse newsroom, Jul 29 2026)

Apr 2026

Knorr-Bremse's supervisory board renewed CFO Frank Weber's contract early by five years, extending it to 2032; Weber has held the CFO role since 2020 and oversees finance, M&A, and sustainability (Knorr-Bremse newsroom, Apr 29 2026)

Feb 2026

Knorr-Bremse published FY2025 results: group operating EBIT margin of 13%, free cash flow record of €790 million, and Truck division revenue of €3.5 billion at 9.1% EBIT margin despite broad commercial vehicle market contraction (Knorr-Bremse newsroom, Feb 19 2026)

Refreshed weekly · updated Sep 22, 2026

Leadership

Marc Llistosella

Chief Executive Officer

Frank Markus Weber

Chief Financial Officer

Location & contact

Munich, Germany (HQ)Headquarters · München, Germany
Aldersbach, GermanyManufacturing · Bavaria, Germany
Budapest, HungaryManufacturing · Budapest, Hungary
Liberec, Czech RepublicManufacturing · Liberec, Czech Republic
Nanjing, ChinaManufacturing · Jiangsu, China
Pune, IndiaManufacturing · Maharashtra, India
Acuna, MexicoManufacturing · Coahuila, Mexico
Budd Lake, NJ, USASales / Distribution · USA
Munich, Germany (HQ)Moosacher Str. 80, D-80809 München, GermanyGlobal headquarters; R&D and group management

Email

info@knorr-bremse.com

Certification

IATF 16949

Commercial vehicle braking systems and safety electronics

Claimed — multi-site IATF 16949

Inside the facility

Photo of the supplier's manufacturing facility, plant, or products

Groundbreaking ceremony for the Aldersbach plant expansion, Lower Bavaria — €125 million investment in Knorr-Bremse's largest European truck manufacturing facility (Jul 2025)

Photo of the supplier's manufacturing facility, plant, or products

Knorr-Bremse AG headquarters, Moosacher Strasse 80, Munich — the historic main building where the company has been based since its post-war rebuild

Knorr-Bremse AG newsroom and investor relations (knorr-bremse.com)

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