Search Results for acquisitions

Holley recently acquired Baer brakes

Baer Brakes Part of Recent Holley 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…

Brembo shareholders approved the new corporate governance structure

Brembo Seeking Acquisitions Of All Sizes

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…

AV/self-driving market to grow by 62 million units by 2030

AV Market to Add 62 Million Units by 2030

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,…

Otto Zimmermann is always looking to improve production processes

Otto Zimmermann: Continuous Improvement

Source: Otto Zimmermann announcement SINSHEIM-DÜHREN, Germany — The requirements for brake discs have increased constantly over the last 60 years. Precision is and remains a key challenge in producing brake discs. Brake part manufacturer Otto Zimmermann is therefore continuously improving…

BBB Industries was named one of the best companies to work for in Alabama

1Stop is the New BBB Customer Portal

Source: BBB Industries announcement DAPHNE, Ala. — BBB Industries®, LLC, a leading sustainable manufacturer of automotive aftermarket parts, announced a new online portal designed to enhance 24-hour ordering, enabling customers to instantly order replacement parts from www.bbbind.com/1stop “BBB Industries is…

BBB Industries was named one of the best companies to work for in Alabama

Genstar Completes Sale of BBB

Source: Genstar Capital announcement SAN FRANCISCO — Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries, announced that it has completed the sale of BBB Industries, LLC,…

BBB Industries acquires Budweg Caliper

BBB Industries Acquires Budweg Caliper

Source: BBB Industries announcement DAPHNE, Ala. – BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, announced it has acquired Budweg Caliper A/S (Budweg). The transaction encompasses the entirety of the business. This is BBB’s sixth…

Continental reported positive financial results fo 2021

Continental Reports Positive Results for 2021

Source: Continental announcement HANOVER, Germany — Within a persistently turbulent market environment, Continental performed well in operative terms in 2021 and achieved a positive net income. The coronavirus pandemic, low automotive production due to electronic component shortages as well as…

John Carney - FDP Friction Science

Zooming In On FDP Friction Science

The BRAKE Report recently sat down with John Carney, Vice President of Sales with FDP Friction Science. In this discussion, John answers a variety of questions about FDP and gives his thoughts on the current supply chain challenges and manufacturing…

Veoneer has selected Arbe to supply chipset for next-generation radar

ITAC, Arbe Combination Go Public on NASDAQ

Source: Arbe Robotics announcement TEL AVIV, Israel and HOUSTON – Arbe Robotics Ltd. (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, and Industrial Tech Acquisitions, Inc. (“ITAC”) (NASDAQ: ITAC), a publicly-traded special purpose acquisition company, announced their business…

Knorr-Bremse has ended its pursuit of control of HELLA

Knorr-Bremse Ends Pursuit of HELLA Acquisition

Source: Knorr-Bremse announcement MUNICH — The Executive Board of Knorr-Bremse AG has decided to stop pursuing a potential acquisition of a majority stake in HELLA GmbH & Co. KGaA. Following careful analysis, the Executive Board determined that the possible transfer…

Champion Brands will be celebrating its 65th year in the lubricant business throughout 2021

PLZ Aeroscience Acquires Champion Brands

Source: PLZ Aeroscience announcement DOWNERS GROVE, ILL. – PLZ Aeroscience Corporation (PLZ), North America’s largest independent specialty aerosol and liquid product manufacturer, announced the acquisition of Champion Brands, LLC (Champion), a leading manufacturer of specialty lubricants for the automotive and…

The Presdiential executiv order urging "Buy America" should create many opportunities for U.S.-made FDP Friction Science brake products

“Buy American” Drives Opportunities for FDP

Source:  FDP Friction Science announcement TAPPAHANNOCK, Va.  –The “Buy American” movement spurred by President Joe Biden’s recent executive order, to support United States manufacturers opens new opportunities for FDP Friction Science to serve government and fleet vehicles with premium brake…

The Presdiential executiv order urging "Buy America" should create many opportunities for U.S.-made FDP Friction Science brake products

Scholarship Presented by FDP to Honor Employees

Source FDP Friction Science announcement TAPPAHANNOCK, Va. —FDP Friction Science, as a multi-generation family business, has always promoted the family culture throughout its operations. At the Tappahannock, Va., headquarters and manufacturing facility, FDP is honoring three members of the team…

The Randon Companies reported record revenues for the first quarter of 2021

Revenue Record for Randon in Q1

Source: Randon Companies announcement CAXIAS DO SUL, Brazil – The first quarter of 2021 ended with historical figures for Randon Companies, which reported consolidated net revenue of BRL 1.9 billion. The positive result, with a 64 percent revenue growth compared…

Randon Companies, particularly Fras-le and the Randon Technology Center - CTR, have taken another step into the future with the discovery of a new method for obtaining niobium nanoparticles

Record Q1 Revenues for Fras-le

Source: Fras-le announcement CAXIAS DO SUL, Brazil – Fras-le achieved record results for the first quarter of 2021 which ended with net revenue of R$ 640.7 million, an increase of 87.4 percent compared to the first quarter of 2020. The…

Borg Automotive has acquired Danish brake maker SBS Automotive

Borg Automotive Acquires SBS Automotive

Borg Automotive announcement SILKEBORG, Denmark — Borg Automotive, Europe’s largest automotive parts remanufacturing company, has acquired SBS Automotive. Borg Automotive, which sells products under four different brands Elstock, DRI, Lucas and TMI, adds a new component, opening the door to…