Knorr-Bremse Acquires Hübner Rail Vehicle Door Division

At the InnoTrans exhibition in Berlin, Hübner announced the sale, with
effect from January 1, 2009, of its rail vehicle door division to Knorr-Bremse’s IFE automatic door systems division.

Managing partner Reinhard Hübner expressed his confidence that in Knorr-Bremse the company had found a reliable partner for customers who would successfully continue the division’s operations with their interests in mind.

Knorr-Bremse will continue to offer Hübner products at least for the duration of existing
contractual projects and will also fulfil all the company’s obligations regarding service
and spare parts supply. For its part, Hübner will support Knorr-Bremse during the transitional period. Employees of the division will be mainly transferred to other parts of Hübner, so as to ensure that the expertise of the established team will continue to be available to customers and Knorr-Bremse alike. Both companies will guarantee their full support for customers during the transition.

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