Brembo acquires Swedish suspension giant Öhlins Racing
Brembo has announced the acquisition of a 100% stake in Öhlins Racing, the manufacturer of premium, high-performance suspension technology for motorcycles and cars in the OE, motorsport and aftermarket segments.
The deal is the largest acquisition in Brembo’s history, with purchase price of US$405m (€370m at today’s exchange rate).
“Öhlins is a strong fit for Brembo. It is a world-renowned brand, with a solid business and an unrivaled reputation, both on the racetrack and the road,” said Matteo Tiraboschi, Brembo executive chairman.
With roots dating back to 1976, Öhlins Racing is based in Upplands Väsby (Stockholm), Sweden, and is a reputed brand in the suspension technology sector. It employs around 500 people across two production facilities in Sweden and Thailand, two R&D centers in Sweden and Thailand, and four distribution and testing branches in the USA, Germany, Thailand and Sweden.
With decades of expertise and advanced engineering, Öhlins Racing offers a comprehensive range of products, including shock absorbers, front forks, steering dampers, software and algorithms, and accessories for the OEM and aftermarket segments. The company also has a strong racing heritage and presence in major motorsport championships, supplying MotoGP, Formula 1, World Superbike, NASCAR and others.
“As we join forces with Brembo, we are excited to unlock new growth opportunities and leverage our respective strengths and assets to drive innovation and deliver even greater value to our customers and employees,” said Tom Wittenschlaeger, CEO of Öhlins Racing.
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