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Brembo

M&A Activity Nov 4, 2021

4472_rns_2021-11-04_d20d2861-9120-491c-9e1a-f25f86b10562.pdf

M&A Activity

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PRESS RELEASE

Stezzano (Bergamo), Italy, 4 November 2021

BREMBO COMPLETES ACQUISITION OF J.JUAN

Brembo today announced, further to the press release dated April 28, 2021, it has completed its acquisition of J.Juan, a Spanish company specialising in the development and production of motorbike braking systems.

The transaction has entailed a consideration of €73 million, which will be paid using available cash, and is subject to the customary adjustment mechanisms as for similar transactions, which will be completed within the next 80 working days.

With this transaction, Brembo forges ahead with its journey to become a trusted solution provider. The acquisition of J.Juan enables the Group to complete its range of solutions for the motorbike braking system and to expand its brand family for the growing motorbike sector.

Brembo SpA

Brembo SpA is the world leader and acknowledged innovator of disc brake technology for automotive vehicles. Brembo supplies high performance brake systems for the most important manufacturers of cars, commercial vehicles and motorbikes worldwide, as well as clutches and other components for racing. Brembo is also a leader in the racing sector and has won more than 500 championships. Today the company operates in 14 countries on 3 continents, with 24 production and business sites, and a pool of over 10,800 employees, about 10% of whom are engineers and product specialists active in the R&D. 2019 turnover was € 2,591.7 million (12.31.2019). Brembo is the owner of the Brembo, Breco, AP, Bybre, and Marchesini brands and operates through the AP Racing brand.

Brembo contacts:

Matteo Tiraboschi
Executive Deputy Chairman
Tel. +39 035 605 2090
Roberto Cattaneo
Chief Communication Officer
Tel. +39 035 605 5787
e-mail: [email protected]
Roberto Grazioli
Chief Business Development Officer
Tel. +39 035 605 5828
e-mail: [email protected]
www.brembo.com www.brembo.com

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