Knorr-Bremse has been awarded with the Corporate Finance Award for the best IPO of 2018
Every year, Börsen-Zeitung* presents its Corporate Finance Awards for outstanding transactions or capital market measures in terms of corporate strategy and/or financing.
Knorr-Bremse received the prize for the best IPO of 2018. "In the IPO category, the IPO of the family-owned company Knorr-Bremse was the most impressive. Showing admirable timing, the world market leader in braking systems for rail and commercial vehicles managed to pull off the second-largest IPO in Germany, at just under EUR 4 billion," Börsen-Zeitung commented.
Klaus Deller, CEO of Knorr-Bremse AG, was delighted to accept the award in Frankfurt.
*Börsen-Zeitung is Germany's only newspaper focused exclusively on the financial sector.
Knorr Brake Informational Video May 2017
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