Brembo Is Acquiring Ohlins Racing for $405 Million
Italian brake manufacturer Brembo is buying Swedish suspension maker Ohlins Racing for a staggering price of $405 million.
Brembo buys suspension maker Ohlins Racing for $405 million
Italy's Brembo said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing for $405 million, in the premium brake maker's biggest ever acquisition. Swedish-based Ohlins will be fully acquired from Apollo Global Management-backed Tenneco and will be paid through available cash,
Brembo buys the suspensions of the Swedish Öhlins for 370 million euros. The stock soars
This is the largest M&A transaction in the Group's history. Öhlins, leader in suspensions, "It's perfect for Brembo", Öhlins leader in suspensions, "It's perfect for Brembo" says Tiraboschi
Brembo enters agreement to buy Ohlins Racing
Ohlins has been bought by the Italian brakes company Brembo, the Italian company has announced. The brakes manufacturer has entered into an agreement, worth $405 million (£310 million), in which it will complete the full acquisition of Ohlins Racing, according to a statement published by Brembo.
Brembo Buys Öhlins in $405 Million Acquisition
The brake producer goliath, Brembo, announced on Friday it's signed an agreement to acquire Swedish suspension company Öhlins for $405 million. Both companies are deeply entrenched in OEM, racing, and the aftermarket industries,
Brembo acquires Öhlins for 370 million euros: A merge of giants in the world of premium suspensions
Brembo, the global leader in braking systems, has just announced the acquisition of Öhlins, the Swedish manufacturer renowned for its high-performance suspensions. This transaction, valued at more than 370 million euros,
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