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Brembo
M&A Activity • Jan 2, 2025
4472_rns_2025-01-02_7892b49c-e8c9-42ee-afcd-94899c61e9c2.pdf
M&A Activity
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BREMBO COMPLETES THE ACQUISITION OF OHLINS
Bergamo (Italy), January 2, 2025 – Brembo, further to the announcement made on October 11, 2024, has completed the acquisition of Öhlins Racing, the leading manufacturer of premium, high-performance suspension technology for motorcycles and cars in the Original Equipment, Motorsport, and Aftermarket segments.
The value of the transaction corresponds to an enterprise value of USD 405 million, on a cash free / debt free basis, subject to the customary adjustment mechanisms which will be completed within the next 135 days. The payment of the consideration was made entirely using available cash.
This deal marks the largest acquisition in Brembo's history and further strengthens the Group's brand portfolio. With the addition of Öhlins, Brembo expands its offerings for the automotive market to enhance its role as a Solution Provider of integrated, intelligent solutions to its customers.
About Brembo
Brembo leads the world in the design and production of high-performance braking systems and components for topflight manufacturers of cars, motorbikes and commercial vehicles. Founded in 1961 in Italy, Brembo has a longstanding reputation for providing innovative solutions for OEMs and aftermarket. Brembo also competes in the most challenging motorsport championships in the world and has won over 700 titles.
Guided by its strategic vision – "Turning Energy into Inspiration" – Brembo's ambition is to help shape the future of mobility through cutting-edge, digital and sustainable solutions.
With over 16,000 people across 15 countries, 32 production and business sites, 9 R&D centers and with a turnover of € 3,849 million in 2023, Brembo is the trusted solution provider for everyone who demands the best driving experience.
www.brembo.com
About Öhlins
Öhlins Racing has been an integrated part of the motorsport industry as well as the motorcycle and automotive industry for over 45 years. Our focus has consistently been on high-quality products, service and support, all the way from Formula 1 circuits to the local, national racing events in over 60 nations worldwide. For more information visit www.ohlins.com
For information:
Luca Di Leo Chief Communications Officer +39 035 6052164 [email protected]
Daniele Zibetti Corporate Media Relations +39 035 6053138 [email protected] Roberto Grazioli Chief Investor Relations Officer +39 035 6055828 [email protected]
Laura Panseri Investor Relations Senior Manager +39 035 6052145 [email protected]