DGAP-News: Knorr-Bremse Aktiengesellschaft: Family foundation ensures continuity and future success of Knorr-Bremse
Retrieved on:
Thursday, March 25, 2021
Munich, March 25, 2021 - The Thiele family will continue to ensure the continuity and success of Knorr-Bremse through a foundation as its most important anchor shareholder.
Key Points:
- Munich, March 25, 2021 - The Thiele family will continue to ensure the continuity and success of Knorr-Bremse through a foundation as its most important anchor shareholder.
- Under the terms of Heinz Hermann Thiele's will, the majority stake in the company (59%) held via holding companies will in future be transferred to a family foundation.
- Formally, the holding shares of the deceased will initially be held by his wife Nadia Thiele and transferred to the family foundation by virtue of his will.
- "The family foundation safeguards my father's life's work and lays the foundation for Knorr-Bremse's future success through continuity and stability," says Julia Thiele-Schrhoff, who has been a member of the Company since 2002 and of the Supervisory Board in 2016.