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Brembo — M&A Activity 2020
Mar 31, 2020
4472_mrq_2020-03-31_f5ba8359-cd04-41bd-8ac1-87e5b7f3f39a.pdf
M&A Activity
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Stezzano (BG), 31 March 2020
Brembo acquires an interest in Pirelli
Brembo, world leader in the design, development and production of braking systems, today announced that it holds an interest in Pirelli, a global high value consumer tyre company.
By adopting a long-term non-speculative approach, Brembo has autonomously decided to invest in Pirelli, whose history, brand, leading position and innovation-oriented approach makes it, just like Brembo, an excellent and particularly significant company in its industry.
As at today's date Brembo, both directly and through its parent company Nuova FourB, holds a 2.43% stake in Pirelli.
Brembo contacts:
| Matteo Tiraboschi Executive Deputy Chairman Tel. +39 035 605 2090 |
Roberto Cattaneo Head of Media Relations Tel. +39 035 605 5787 e-mail: [email protected] |
|---|---|
| Robero Grazioli Chief Business Development Officer Tel. +39 035 605 5828 e-mail: [email protected] |
|
| www.brembo.com | www.brembo.com |
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