Germany | Mergers & Acquisitions Knorr-Bremse buys US-based steering specialist Sheppard from ZF for $149.5m By Jim Gibbins – 1st June 2020 Braking and motion control systems and components supplier for rail and commercial vehicles, Knorr-Bremse AG, has concluded the purchase of steering systems specialist, R.H. Sheppard Co Inc for USD149.5m.