Brembo Acquires Öhlins Racing for $405 Million

The acquisition, set to finalize in early 2025, will enhance Brembo’s product lineup in the premium motorsport and aftermarket sectors.

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Brembo, the renowned global leader in brake systems, has acquired a 100% stake in Öhlins Racing, a top manufacturer of high-performance suspension systems for motorcycles and cars. 

The Italian automotive parts giant agreed to pay $405 million (approximately RM1.9 billion) to acquire Öhlins from Tenneco, a company managed by affiliates of Apollo Global Management. This acquisition, the largest in Brembo’s history, is expected to close in early 2025, pending regulatory approvals.

This strategic move will allow Brembo to broaden its product portfolio in the premium original equipment, motorsport, and aftermarket sectors. Founded in 1976 and based in Upplands Väsby, Sweden, Öhlins Racing is well-known for its precision-engineered suspension products. 

The company employs about 500 people and operates production facilities in Sweden and Thailand, along with R&D centers and distribution branches in the US, Germany, Thailand, and Sweden.

Öhlins’ product range includes shock absorbers, front forks, steering dampers, software, algorithms, and accessories. The company has a strong presence in major motorsport championships, supplying teams in MotoGP, Formula 1, World Superbike, NASCAR, and more.

Matteo Tiraboschi, Brembo’s executive chairman, emphasized the synergy between the two brands, stating, “Öhlins is a strong fit for Brembo. It is a world-renowned brand, with a solid business and an unrivalled reputation both on the racetrack and the road. With this addition, we take another step forward in our strategy to provide integrated intelligent solutions to our customers.”

Brembo’s acquisition of Öhlins aligns with its ongoing investment in the motorcycle and motorsport sectors, which currently account for about 13% of the company’s total revenue.

Tenneco’s CEO, Jim Voss, expressed confidence in Brembo as the ideal partner to take Öhlins Racing to new heights. “This sale not only positions Öhlins and its employees for continued success under Brembo’s leadership in the market, but it also supports Tenneco’s strategy of streamlining our business portfolio and strengthening our balance sheet as we continue to execute on our long-term vision.”