Brembo Acquires Öhlins Racing to Expand Smart Vehicle Solutions
- ADV News
- November 5, 2024
Italian braking systems leader Brembo has announced its acquisition of Swedish Öhlins Racing for $405 million. Known for advanced suspension systems used in MotoGP and Formula 1, Öhlins enhances Brembo’s portfolio, aligning with its strategy to offer integrated vehicle solutions by combining brake and suspension technology. This acquisition reflects Brembo’s largest deal to date, solidifying its place in the high-performance automotive sector.
Brembo’s goal is to address the growing global demand for smart, high-quality vehicle solutions. Öhlins’ expertise in suspension engineering is a valuable addition to Brembo’s offerings, expanding the company’s reach into sports and luxury vehicles. This partnership aims to deliver more comprehensive systems that elevate vehicle safety, handling, and performance across both consumer and commercial markets.
Brembo’s CEO, Matteo Tiraboschi, noted that this acquisition enables Brembo to fulfill its vision of providing innovative, complete solutions that meet diverse market needs. It opens doors for Brembo in new markets worldwide, reinforcing its commitment to the advancement of smart vehicle technology and integrated systems for automotive and motorsport applications.
For more https://www.cyclenews.com/2024/10/article/brembo-buys-ohlins-racing-for-405-million/