Call it braking news (sorry, sorry) as Italian brake manufacturer Brembo has just acquired the entirety of Spanish brake company J.Juan for a reported €70 million ($85 million) in cash.
The move is said to center around Brembo’s desire to invest more in the motorcycle sector of its business, where J.Juan has made an increasing number of inroads with OEM and aftermarket fitment.
Italian brake component manufacturer Brembo is continuing its investment spree.
Loyal A&R readers will remember that Brembo bought a portion of Pirelli back in April of this year, and now the Italians have gobbled up Danish company SBS Friction A/S, which is known best in the marketplace for the SBS line of brake pads.
The deal sees Brembo taking 100% ownership of the Danish company, in an agreement that is worth 224 million Danish kroner ($36 million), with SBS being valued at 300 million Kr.