Brembo on Friday introduced its acquisition of Öhlins Racing, a widely known producer of efficiency suspension elements for vehicles and bikes.
The acquisition value—$405 million—is the biggest each paid by Brembo to amass one other firm, in response to the corporate, which added that the deal remains to be topic to regulatory approval and is predicted to shut in early 2025.
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“Öhlins is a robust match for Brembo,” Matteo Tiraboschi, Brembo govt chairman, stated in a press release. “It’s a world-renowned model, with a strong enterprise and an unmatched fame, each on the racetrack and on the street.”
Based in 1976 and primarily based close to Stockholm, Sweden, Öhlins designs and manufactures a big selection of suspension elements for aftermarket and motorsports use, having provided elements to MotoGP, Components 1, World Superbike, NASCAR, and different race collection over time. Its dampers are additionally utilized by automakers in automobiles starting from the Ariel Nomad to the Polestar 2.
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Öhlins employs roughly 500 individuals throughout two manufacturing services and two R&D services (one every in Sweden and Thailand), and distribution facilities and testing facilities within the U.S., Germany, Sweden, and Thailand.
The corporate’s mixture of racing and road-car expertise ought to complement Brembo, which provides brakes for main racing collection and efficiency street vehicles. Brembo-branded braking techniques seem on the whole lot from the Subaru BRZ tS to the Bugatti Bolide. The acquisition additionally marks Brembo’s continued push into motorbike elements, following its acquisition of motorcycle-brake specialists SBS Friction and J.Juan in 2021.