Germany-based Knorr-Bremse has purchased Westcode UK from Unipart Rail to bolster its train system service business in the UK.

Specifics of the deal consideration were not revealed, other than the fact that it was in the mid-single-digit million-euro range.

The acquisition is expected to help Knorr-Bremse expand its aftermarket business.

Furthermore, it will enable the firm’s UK business to service and maintain more train subsystems, as well as more third-party components from other manufacturers.

With this deal, the company can now offer maintenance services for more products such as air supply systems, brake control units in train braking systems, climate control and entrance systems.

The purchase is also said be a suitable fit with the firm’s RailServices approach of being “a one-stop shop for rail operators over the entire train life cycle.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Knorr-Bremse rail vehicle systems management board member Mario Beinert said: “RailServices is – alongside the provision of new equipment for trains – another major component of our business strategy and a long-term revenue generator that’s showing steady growth.

“As a reliable partner, we’re constantly seeking to expand the range of services we offer our customers – in key areas such as maintenance and repair, for example – so we can cover the entire train life cycle. In this respect, our acquisition of Westcode offers us great opportunities to expand our business and strengthen our local presence.”

Last month, Knorr-Bremse received a contract from Hitachi Rail for the delivery of equipment for a new generation of metro trains in Italy.