Brembo on Friday introduced its acquisition of Öhlins Racing, a well known producer of efficiency suspension elements for automobiles and bikes.
The acquisition worth—$405 million—is the biggest each paid by Brembo to amass one other firm, based on the corporate, which added that the deal continues to be topic to regulatory approval and is anticipated to shut in early 2025.
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“Öhlins is a robust match for Brembo,” Matteo Tiraboschi, Brembo government chairman, mentioned in an announcement. “It’s a world-renowned model, with a strong enterprise and an unmatched repute, each on the racetrack and on the street.”
Based in 1976 and primarily based close to Stockholm, Sweden, Öhlins designs and manufactures a wide selection of suspension elements for aftermarket and motorsports use, having provided elements to MotoGP, Components 1, World Superbike, NASCAR, and different race sequence 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 folks 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 sequence and efficiency street automobiles. Brembo-branded braking techniques seem on every thing from the Subaru BRZ tS to the Bugatti Bolide. The acquisition additionally marks Brembo’s continued push into bike elements, following its acquisition of motorcycle-brake specialists SBS Friction and J.Juan in 2021.
