Master Freios to acquire EBS Group for £56 million

Master Freios, a joint venture of Randoncorp and Cummins Group, is acquiring control of UK-based EBS Group, a leader in commercial vehicle brake systems, for approximately £56 million. The deal aims to expand Master Freios' aftermarket presence in Europe and Asia.

“This transaction will diversify our portfolio and increase our exposure to the aftermarket, so that we can deliver even more solutions to our partners.”thebrakereport.com

• 1 source
• thebrakereport.comRandoncorp Expands with EBS Group Acquisition - The BRAKE ReportThe BRAKE Report StaffOct 18, 2024

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