Business

Knorr-Bremse to take full ownership of ICER Rail

2016-09-29T10:30:00

Knorr-Bremse is to buy out Berkelium Group’s stake in ICER Rail.

ICER RAIL: Knorr-Bremse announced on September 28 that it would buy out Berkelium Group’s stake in the Pamplona-based braking materials manufacturing joint venture ICER Rail. The acquisition for an undisclosed price is subject to regulatory approval.

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