Search Results for acquisitions

Source: Holley announcement BOWLING GREEN, Ky.– Holley (NYSE:HLLY), the largest and fastest growing platform for performance automotive enthusiasts, announced it has acquired substantially all of the assets of Baer Brakes, Arizona Desert Shocks (ADS), Brothers Trucks, and Rocket Racing Wheels…

MILAN — Brembo, arguably the biggest brake brand by reputation and name recognition, is eyeing an acquisition target of “significant size,” possibly even as big as the Italian brake maker itself, Executive Vice-President Matteo Tiraboschi was quoted saying in a…

ASK Fras-le, Armetal and Fremax are some of the new Business Units “Fras-le is a company in transformation. At the extent it develops its strategies and advances in its position in the global market, it begins to deal with a…

AEQUITA SE & Co. KGaA, a Munich-based industrial conglomerate, has formally agreed to purchase the Brake Components division from Robert Bosch GmbH. This acquisition encompasses Buderus Guss GmbH and Robert Bosch Lollar Guss GmbH, highlighting AEQUITA’s commitment to enhancing its…

Disc Brakes Australia (DBA) and Australian Clutch Services (ACS) announce Gideon Segal’s retirement from his role as Executive General Manager. In the ever-evolving landscape of the automotive industry, Gideon Segal, has seamlessly woven a narrative of success throughout his 45-year…

Frasle Mobility, a Brazilian leader in sustainable mobility solutions, is rapidly expanding its European footprint, boosting its market share by 170% in just one year. This impressive growth is driven by strategic acquisitions, a reinforced sales strategy, and a booming…

TMD Friction, a global leader in high-quality brake friction solutions, has announced the successful completion of its acquisition by AEQUITA, a Munich-based private industrial group. This acquisition, which followed all necessary regulatory approvals, marks a significant milestone in the automotive…

Brembo celebrated a significant win at the 5th Gasgoo Jinji Awards in Shanghai. The global leader in brake systems was awarded one of the “Top 100 Players of China’s New Automotive Supply Chain for 2023″ for its advanced intelligent braking…

SYDNEY—Disc Brakes Australia (DBA), the country’s leading manufacturer of aftermarket and OE-replacement brake components, announced today the appointment of Phillip Joseph as its new General Manager, effective September 1, 2023. Joseph will be succeeding Executive General Manager Gideon Segal, who…

STEZZANO, Italy -– The Board of Directors of Brembo S.p.A. resolved to submit to the General Shareholders’ Meeting – called to convene on July 27, 2023, – (the “Extraordinary Shareholders’ Meeting”) the proposal to relocate the Company’s registered office to…

DAPHNE, Ala. — BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, announced that it has acquired Inter-Turbo sp. z o.o., through its wholly owned subsidiary Budweg Caliper A Terms of the deal were not announced.…

HANOVER, Germany — At its meeting yesterday, the Supervisory Board of Continental AG extended the appointment of CEO and chairman of the Executive Board Nikolai Setzer (52). Having been due to expire in March 2024, his contract will now run…

LONDON — The global automotive brake system components market is expected to show growth over the forecast period from 2022 to 2032 by generating a stable compound annual growth rate (CAGR) of 4.7 percent. The global market is estimated to…

LUTON, U.K. — The brake friction products market is expected to grow from $9.98 billion in 2020 to $14.58 billion by 2029, a compound annual growth rate (CAGR) of 4.3 percent from 2022 to 2029, according to a The Brake…

NEW YORK, NY – Mill Rock Capital, a growth and operations oriented private investment firm, announced it has formed a new growth platform, Mill Rock Advanced Materials LLC, focused on investments in the advanced materials and industrial additives solutions markets. …

CAXIAS DO SUL, Brazil —In 2022, Randon Companies reached the highest consolidated net revenue in its 74 years. BRL 11.2 billion were booked, which represents an 23-percent increase in comparison with the accumulated result of the previous year. The amount…

MILAN-BERGAMO, Italy — Brembo SpA and Next Investment Srl, together with its parent NuovaFourB Srl (from here jointly indicated as Brembo), and Camfin SpA, together with its parent Marco Tronchetti Provera & C. SpA (from here jointly indicated as MTP/Camfin)…

Source: MarketsandMarkets announcement CHICAGO – Autonomous (AV)/self-driving cars market size is projected to grow from 20.3 million units in 2021 to 62.4 million units by 2030, at a compound annual growth rate (CAGR) of 13.3 percent, during the forecast period,…