# Brembo and Gold Phoenix form joint venture for aftermarket brake pads in China

Brembo and Gold Phoenix signed a 50/50 joint venture agreement to establish Shandong BRGP Friction Technology Co., Ltd, creating the first large-scale Brembo manufacturing facility fully dedicated to producing innovative aftermarket pads in China.

- Type: Partnership
- Announced: 2022-07-25
- Where: Shandong, China, China
- Status: announced
- Products: aftermarket brake pads, friction solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Brembo](https://endata.com/companies/4874.md) (partner)
- [Gold Phoenix](https://endata.com/companies/64345.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/BREMBO-N-V-35054164/news/Brembo-S-p-A-The-Joint-Venture-will-establish-the-first-large-scale-Brembo-manufacturing-facility-41077995/), 2022-07-25: "The Joint Venture will establish the first large scale Brembo manufacturing facility fully dedicated to produce innovative aftermarket pads."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.