Cravath, together with Hengeler Mueller, represented KB Holding GmbH in the deal.
KB Holding GmbH completed its €728 million secondary sale of ordinary shares of Knorr-Bremse AG to institutional investors. The transaction closed on June 23, 2020.
KB Holding GmbH, an entity controlled by Heinz Hermann Thiele, is the majority shareholder of Knorr-Bremse AG, a leading global manufacturer of brake systems and a supplier of additional safety-critical sub-systems for rail and commercial vehicles.
The Cravath team included partner Philip J. Boeckman (Picture) and associate Brian T. Bodensteiner.
Law Firms: Cravath Swaine & Moore;
Clients: KB Holding;