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Brembo and Gold Phoenix form brake friction joint venture in China · Endata

◂ Announcements

Jul 26, 2022ACQUISITIONShandong, China, China

Brembo and Gold Phoenix form brake friction joint venture in China

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

Status

Announced

Productsaftermarket brake pads

CompaniesBrembo partner Gold Phoenix partner

Sectors#Automotive Components

“Brembo and Gold Phoenix signed a 50/50 Joint Venture agreement establishing a new company, Shandong BRGP Friction Technology Co., Ltd.”aftermarketnews.com

1 source
aftermarketnews.comBrembo, Gold Phoenix Create Brake Friction JVaftermarketNews StaffJul 26, 2022

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

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