Brembo Acquires Öhlins for 370 Million Euros
Brembo, a global leader in brake systems, announced the purchase of Öhlins, a Swedish company known for high-quality suspension products, for 370 million Euros. The acquisition, set to be completed by early 2025, strengthens Brembo’s product lineup and opens new growth opportunities by combining its braking expertise with Öhlins’ suspension technologies.
A Key Strategic Move
This is Brembo’s largest acquisition to date, giving the company full control of Öhlins. The purchase supports Brembo’s strategy to expand its portfolio and improve its position in both motorsports and regular vehicles.
Brembo, owned mainly by the Bombassei family, recently sold its 5.6% stake in Pirelli for over 280 million Euros, clearing up rumors of a potential merger between the two companies.
Öhlins: A Leader in Suspension Technology
Öhlins, founded in 1976, is known worldwide for high-end suspension components like shock absorbers, forks, steering dampers, and springs. The company also develops advanced software for mechatronic suspension systems.
With around 500 employees, Öhlins has production sites in Sweden and Thailand, research centers, and sales offices in the USA, Germany, Thailand, and Sweden. The company generates about 140 million USD in annual revenue and sells products in 50 countries.
New Growth Opportunities for Brembo and Öhlins
Öhlins’ CEO, Tom Wittenschlaeger, sees the acquisition as an opportunity to combine Brembo’s braking technology with Öhlins’ suspension expertise. This partnership is expected to lead to innovative products, benefiting both companies and their customers.
Brembo’s Growth Strategy
Brembo has been expanding through targeted acquisitions, including companies like AP Racing and Marchesini. The purchase of Öhlins is another step in Brembo’s strategy to diversify and enter new markets. According to Brembo’s Executive Chairman Matteo Tiraboschi, Öhlins is a perfect fit due to its strong reputation for quality and innovation.
Looking Ahead: Synergies in Braking and Suspension
The acquisition is expected to lead to new developments in braking and suspension systems. Brembo plans to use synergies between the two technologies to improve product performance, particularly in high-end and motorsport segments, offering benefits to both consumers and businesses in the automotive aftermarket.
Conclusion: A Step Forward for Brembo
Brembo’s acquisition of Öhlins marks a major milestone in its expansion strategy. By combining expertise in braking and suspension, Brembo is set to lead innovation in the vehicle components market and further strengthen its position in the industry.