By SEMA News Editors
Brembo Acquires Öhlins Racing
Brembo, the Italian brake systems and components manufacturer, has acquired Öhlins Racing, the Swedish manufacturer of high-performance suspension components in the original equipment, motorsport and aftermarket segments, from parent company Tenneco.
At $405 million, it is the largest acquisition in Brembo's history and will be paid with available funds.
Founded in 1976, Öhlins Racing is based in Upplands Väsby, Sweden, outside Stockholm, and has a strong international footprint. Öhlins employs approximately 500 people across two production facilities located in Sweden and Thailand, two research and development centers in Sweden and Thailand, and four distribution and testing branches in the United States, Germany, Thailand and Sweden.
The brand offers a 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 presence in several major motorsport championships, supplying MotoGP, Formula 1, World Superbike, NASCAR and others.
For more information, visit brembo.com or ohlins.com.
Don Kyatt Group Expands Into North America
The Australia-based Don Kyatt Group is expanding into North America with its Terrain Tamer and Flashlube brands.
The company opened its 19th overall location and ninth international facility on October 1, in Stockton, California. Georg Esterer, the former operator of Terrain Tamer reseller Cruiser Brothers, will helm the warehouse facility as branch manager for the four-wheel-drive parts manufacturer.
In addition to Terrain Tamer's four-wheel-drive parts, the facility will also stock Flashlube's range of lubricants, additives, grease and preventative engine-maintenance hardware.
For more information, visit donkyatt.com.au.