Heramba Electric /
Kiepe Electric
Heramba Electric to Buy Kiepe Electric’s Transportation Business
What happened
Heramba Electric agreed to acquire Kiepe Electric from subsidiaries of Knorr-Bremse Aktiengesellschaft. The deal is expected to close in the fourth quarter of 2023.
Kiepe Electric makes electrification systems for road and rail urban transportation, including power electronics, electric drives and vehicle controls.
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Heramba Electric to Buy Kiepe Electric’s Transportation Business
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