Funding firm Heramba desires to purchase Knorr-Bremse’s subsidiary Kiepe Electrical. The latter specialises within the electrification of city highway and rail transport.
The Düsseldorf-based firm develops, manufactures and implements energy electronics merchandise, {hardware} for electrical drives and car controls, and clever software program for fleet administration and power administration. Kiepe can be a specialist in charging options and a provider of In-Movement Charging options – which permits the buffer batteries of trolleybuses to be recharged with energy from the overhead line whereas the bus is in movement, enabling it to cowl brief distances with out an overhead line. In 2022, Kiepe launched its proprietary Excessive Energy Charging platform, which allows speedy car charging and power administration for battery buses.
Heramba desires to amass the corporate to “create a novel pure-play international chief in sustainable city transportation.” It additionally goals to speed up its growth within the city post-transport market. As well as, the corporate shall be led by a “seasoned and skilled management group.”
In complete, Kiepe Electrical has 580 workers in six international locations. The corporate’s turnover in 2022 was round 110 million euros. Heramba says it expects the acquisition to shut this yr, topic to customary closing situations.
Heramba GmbH, which was solely based in January 2023 and relies in Berlin and Atlanta (USA), is a specialist firm targeted on investing in corporations with applied sciences and capabilities that may speed up the decarbonisation of economic transport.
“The acquisition of Kiepe Electrical is an thrilling step ahead for our group,” says Hans-Jörg Grundmann, Managing Director of Heramba. “Since its basis, Kiepe has demonstrated a protracted historical past of evolving its enterprise to ship revolutionary options. With a deal with enabling sustainable mass transit, a portfolio of high-quality services, long-standing partnerships with main international clients and a pretty backlog, we consider Kiepe is able to turn into a pacesetter in industrial electrification.”
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