Brembo acquires SBS Friction from SBS Group

Brembo Group has agreed to acquire SBS Friction A/S, a manufacturer of brake parts and friction technology, from SBS Group. The acquisition includes the headquarters and production facility in Svendborg, Denmark, with approximately 100 employees.

“Brembo acquires the company SBS Friction A/S with approximately 100 employees and SBS Group’s headquarters and production facility in Svendborg, which mainly accommodate SBS Friction’s activities.”carnegie.dk

• 2 sources
• carnegie.dkCarnegie acted as exclusive financial adviser to SBS Group in the sale of SBS Friction to Brembo - Carnegie DKNov 17, 2020
• lincolninternational.comItalian-listed Brembo has agreed to acquire SBS Friction - Lincoln International LLCNov 25, 2020

Summarized from public sources; check the original articles before acting on it.