Brembo buys Öhlins for $405 million
Brembo on Friday introduced its acquisition of Öhlins Racing, a widely known producer of efficiency suspension elements for automobiles and bikes.
The acquisition worth—$405 million—is the most important each paid by Brembo to amass one other firm, in keeping with 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 a press release. “It’s a world-renowned model, with a stable enterprise and an unequalled popularity, 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 components to MotoGP, Formulation 1, World Superbike, NASCAR, and different race sequence through the years. Its dampers are additionally utilized by automakers in autos starting from the Ariel Nomad to the Polestar 2.
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Öhlins employs roughly 500 folks throughout two manufacturing amenities and two R&D amenities (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 programs 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.