Brembo acquires Orleans for $405 million.

Posted on October 12, 2024
General
Brembo acquires Orleans for $405 million.

Brembo announced Friday the acquisition of Orleans Racing, a well-known manufacturer of high-performance suspension components for cars and motorcycles.

According to the company, the $405 million purchase price is the largest Brembo has paid to acquire another company, the company said, adding that the deal is still subject to regulatory approval and is expected to close in early 2025.

“Öhlins is a strong fit with Brembo,” Brembo Chairman Matteo Tiraboschi said in a statement. Öhlins is a world-renowned brand with a solid business and an unrivalled reputation, both on the race track and on the road.”

Founded in 1976 and based near Stockholm, Sweden, Öhlins designs and manufactures a wide range of suspension components for the aftermarket and motorsports, and over the years has been in MotoGP, Formula 1, World Superbike, NASCAR, and other racing series. The company's dampers have been used by automakers from Ariel Nomad to Polestar 2.

Ohlins employs about 500 people at two manufacturing facilities, two R&D facilities (one each in Sweden and Thailand), and distribution and test centers in the US, Germany, Sweden, and Thailand.

The company's combined racing and road car experience should complement Brembo's supply of brakes for major racing series and high-performance road cars. Brembo-branded braking systems can be found on everything from the Subaru BRZ tS to the Bugatti Boride. The acquisition also means that Brembo will continue its entry into motorcycle components, following its acquisition of motorcycle brake specialists SBS Friction and J.Juan in 2021.

You may also like

Ford Mustang Mach E to Conquer 2025 Pikes Peak Hill Climb
Ford Mustang Mach E to Conquer 2025 Pikes Peak Hill Climb

Ford will return to the Pikes Peak International Hill Climb this year with a one-off demonstrator based on the Mustang Mach-E.In a brief statement Thu...

Jan 31

Aston Martin Scales Back Electric Car Plans
Aston Martin Scales Back Electric Car Plans

Five months after taking over the top job at Aston Martin, CEO Adrian Hallmark spoke to Motor Authority and other media outlets about where he intends...

Feb 03

Palm Beach International Raceway is for sale.
Palm Beach International Raceway is for sale.

Palm Beach International Raceway may not have the track record of fellow Florida racetracks Daytona and Sebring, but unlike those tracks, it is for sa...

Feb 02

Trending

BMW M3 CS Touring Performance Wagon with 543 hp
BMW M3 CS Touring Performance Wagon with 543 hp

BMW has unveiled a hardcore CS version of its M3 Touring station wagon, which is sold internationally and offers even more performance.The new M3 CS T...

Jan 30

Volvo EX30 Cross Country debuts February 10.
Volvo EX30 Cross Country debuts February 10.

The Volvo EX30 has finally begun deliveries in the United States. Only one model, the EX30 Twin Motor Performance, is currently available. However, mo...

Jan 29

Jeep Announces Three New Models and Powertrains
Jeep Announces Three New Models and Powertrains

Sterantis confirmed Thursday that it is continuing to revamp its Jeep lineup as part of an overall push of new products.Addressing dealers at the Nati...

Feb 01