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Brembo signed an agreement to acquire a 100% stake in J.Juan, a Spanish brake component manufacturer, for an estimated €73 million. The deal is expected to close in the second half of 2021.
“We are proud to welcome J.Juan in the Brembo Group… This transaction is in line with our global strategy and follows the recent acquisition of SBS Friction in Denmark.”visordown.com
Summarized from public sources; check the original articles before acting on it.