# 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.

- Type: Acquisition
- Announced: 2024-10-18
- Where: United Kingdom
- Value: $73.0M (56.0M GBP)
- Status: announced
- Products: brake systems for commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Cummins](https://endata.com/companies/6668.md) (partner)
- [Randoncorp](https://endata.com/companies/80495.md) (partner)
- [Master Freios](https://endata.com/companies/80517.md) (acquirer)
- [EBS Group](https://endata.com/companies/80518.md) (target)

## Sources

- [thebrakereport.com](https://thebrakereport.com/randoncorp-expands-with-ebs-group-acquisition/), 2024-10-18: "This transaction will diversify our portfolio and increase our exposure to the aftermarket, so that we can deliver even more solutions to our partners."

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