Braking specialist Brembo has signed an agreement with Tenneco, for the acquisition of a 100% stake in Öhlins Racing, the leading manufacturer of premium, high performance suspension technology for motorcycles and cars in the Original Equipment, Motorsport, and Aftermarket segments.
“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,” said Matteo Tiraboschi, Brembo Executive Chairman. “We welcome Öhlins to our Group as a great opportunity to expand our offerings for the automotive market. 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.”
Founded in 1976, Öhlins Racing is based Sweden and has a strong international footprint. Its suspension technology is renowned for precision, performance, and innovation. Its extensive range includes, 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.
Öhlins Racing is committed to developing the next generation of mechatronic suspension technology for both road and track. This innovation-driven approach will reinforce Brembo’s mission to be a Solution Provider for future mobility.
This deal marks the largest acquisition in Brembo’s history, with a purchase price of USD 405 million, (€ 370 million). The acquisition is subject to customary regulatory approvals and is expected to close in early 2025.