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Announced

Completed

Brembo completed the acquisition of SBS Friction from SBS Group for $48m.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Single Bidder

Disposal

brake solutions

Majority

Auto Parts

Friendly

Acquisition

Cross Border

Denmark

Private

Synopsis

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Brembo, an Italian manufacturer of automotive brake systems, completed the acquisition of SBS Friction, the unit of SBS Group, an auto body parts supplier, for $48m. "Brembo has long been a trustworthy partner that knows the value of SBS Friction’s technological knowhow and its strong niche position. We are pleased that SBS Friction will get a strong, long-term, industrial owner who will support the company’s continued development. The transaction is a good solution for SBS Group, SBS Friction, the employees, and the city of Svendborg," Peter Eriksen Jensen, SBS Group Chairman of the Board of Directors.

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