ClosedPublished 7 Feb 2024

Heramba GmbH and Heramba Holdings, Inc. (“Heramba”) /
Kiepe Electric

Heramba completes purchase of majority control of Kiepe Electric

Buy side: Heramba GmbH and Heramba Holdings, Inc. (“Heramba”)
Buy sideHeramba GmbH and Heramba Holdings, Inc. (“Heramba”)
Target: Kiepe Electric
TargetKiepe Electric
Source · 7 Feb 2024Source-verified
Buy side: Heramba GmbH and Heramba Holdings, Inc. (“Heramba”)
Buy sideHeramba GmbH and Heramba Holdings, Inc. (“Heramba”)
Target: Kiepe Electric
TargetKiepe Electric
01 / BuyerHeramba GmbH and Heramba Holdings, Inc. (“Heramba”)
02 / TargetKiepe Electric
Source-verified
01

What happened

Heramba GmbH and Heramba Holdings, Inc. completed the purchase of majority control of Kiepe Electric from subsidiaries of Knorr-Bremse Systeme für Schienenfahrzeuge GmbH. Knorr-Bremse will continue to own 15% of Kiepe Electric and remain a strategic partner.

Kiepe Electric provides systems and components for the electrification of trains and buses, primarily for urban public transport.

02

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Heramba completes purchase of majority control of Kiepe Electric

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