# Randoncorp subsidiary acquires EBS Group

Master Europe Automotive Systems Limited, an indirect subsidiary of Randoncorp, has signed an agreement to acquire 100% of EBS Aftermarket Group Limited, a distributor of braking systems and auto parts for commercial vehicles in Europe, for £56 million.

- Type: Acquisition
- Announced: 2024-10-17
- Where: Manchester, United Kingdom, United Kingdom
- Value: $72.0M (56.0M GBP)
- Status: announced
- Products: braking systems, auto parts for commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Randoncorp](https://endata.com/companies/80495.md)
- [Master Europe Automotive Systems Limited](https://endata.com/companies/80494.md) (acquirer)
- [EBS Aftermarket Group Limited](https://endata.com/companies/80496.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/RANDON-S-A-IMPLEMENTOS-E--6493371/news/Randon-S-A-Implementos-e-Participacoes-Material-Fact-Acquisition-of-EBS-Group-48103112/), 2024-10-17: "The acquisition price is £ 56 million (equivalent to approximately R$ 410 million) and is subject to adjustments, as provided for in the Agreement."

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