Knorr-Bremse Aktiengesellschaft (XTRA:KBX) is on the lookout for a buyer of Kiepe Electric GmbH as the German brakes maker seeks to further increase the group's profitability. The divestment of Kiepe Electric alone is expected to boost the margin on earnings before interest and tax (EBIT) in the Rail Vehicle division by 60-90 basis points by 2025, Knorr-Bremse said last week.