Tuesday, March 5, 2024
HomeNEWSINTERNATIONALANOTHER TAKEOVER BY BREMBO

ANOTHER TAKEOVER BY BREMBO

Italian automotive brake giant Brembo is in the process of buying J.Juan, a Spanish specialist in motorcycle braking systems. This £60m purchase, which is subject to approval by antitrust authorities, is scheduled for completion in the second half of 2021.

Founded in 1965, J.Juan is based at Gavà in the outskirts of Barcelona. It has three plants in Spain and one in China, mainly concerned with manufacturing metallic braided motorcycle brake hoses. The company also produces a branded range of bike brake calipers and master cylinders. Besides being noted for off-road and other sports applications, it supplies many OE industry names worldwide.

“We are proud to welcome J.Juan into the Brembo Group,” commented Brembo chairman Alberto Bombassei. “This transaction is in line with our global strategy and follows the recent acquisition of SBS Friction in Denmark. We continue to invest with the aim of strengthening our core motorcycle business. The addition of J.Juan is a great opportunity for us, as it reinforces our positioning as a company increasingly oriented to offering comprehensive, integrated and high-quality solutions.”

J.Juan chief executive José Luis Juan added: “The takeover will allow us to become part of a strong company with a solid global footprint that will support J.Juan’s development for the professional growth of all our employees and the benefit of customers.”

RELATED ARTICLES

Product News

Whoop boots

Acerbis believes the perfect boot for riding in motocross or enduro must be protective, lightweight and durable as well as offer freedom of movement...