Brembo Buys Ohlins Racing in $405 Million Deal
Brembo has acquired a 100% stake in Ohlins Racing, the company that makes suspension for the aftermarket and big OEMs like Volvo alike. Brembos stake was acquired from Tenneco, Ohlins’ previous steward. "With this addition, we take another step forward in our strategy to provide integrated intelligent solutions to our customers, leveraging synergies across key technologies in the vehicle's corner,” said Brembo Executive Chairman Matteo Tiraboschi.
Brembo is primarily involved in braking technologies in the automotive world, and it’ll be interesting to see what it does with ownership of the suspension company. Both companies have a long history in motorsport, from F1 to MotoGP, to many smaller series across various formats. It’s not clear what the plan is post-acquisition, which should wrap up next year, but the two companies did mention Ohlins’ mechatronic damper tech. Ohlins was bought for $405 million cash.
Become an AutoGuide insider. Get the latest from the automotive world first by subscribing to our newsletter here.
Chase is an automotive journalist with years of experience in the industry. He writes for outlets like Edmunds and AutoGuide, among many others. When not writing, Chase is in front of the camera over at The Overrun, his YouTube channel run alongside his friend and co-host Jobe Teehan. If he's not writing reviews of the latest in cars or producing industry coverage, Chase is at home in the driver's seat of his own (usually German) sports cars.
More by Chase Bierenkoven
Comments
Join the conversation