M&A Deal Summary

Brembo Acquires Öhlins

On October 11, 2024, Brembo acquired automotive company Öhlins from Tenneco

Acquisition Highlights
  • This is Brembo’s 2nd transaction in the Automotive sector.
  • This is Brembo’s 1st transaction in Sweden.

M&A Deal Summary
Date 2024-10-11
Target Öhlins
Sector Automotive
Buyer(s) Brembo
Sellers(s) Tenneco
Deal Type Divestiture

Target

Öhlins

Upplands Vasby, Sweden
Öhlins is a technology company that develops premium suspension systems and components for the automotive and motorsport industries. Öhlins is based in Upplands Vasby, Sweden.

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Buyer(S) 1

Buyer

Brembo

Stezzano, Italy
Category Company
Sector Automotive
DESCRIPTION

Brembo is an innovator of disc brake technology for automotive vehicles. Brembo supplies high performance brake systems for the most important manufacturers of cars, commercial vehicles and motorbikes worldwide, as well as clutches, seats, seat belts and other components for racing. Brembo is also a leader in the racing sector.

DEAL STATS #
Overall 2 of 2
Sector (Automotive) 2 of 2
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-19 ASIMCO

Beijing, China

ASIMCO is a manufacturer of automotive and heavy-duty truck components in China.

Buy €78M

Seller(S) 1

SELLER

Tenneco

Lake Forest, Illinois, United States
Category Company
Founded 1996
Sector Automotive
Employees73,000
Revenue 15.4B USD (2020)
DESCRIPTION
Entrance to Tenneco's corporate headquarters in Lake Forest, Illinois.
Entrance to Tenneco's corporate headquarters in Lake Forest, Illinois.

Tenneco is a designer, manufacturer and marketer of clean air and ride performance products and systems for the automotive and commercial vehicle original equipment markets. Tenneco was founded in 1996 and is based in Lake Forest, Illinois.

DEAL STATS #
Overall 3 of 3
Sector (Automotive) 2 of 2
Type (Divestiture) 2 of 2
Country (Sweden) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-02 Tenneco - Global Aftermarket Filters Business

Lake Forest, Illinois, United States

Tenneco, Inc.'s Global Aftermarket Filters Business manufactures automotive products at facility in Tultitlan, Mexico, operations, the Interfil® and Engine Clean brands, and filter inventories.

Sell -
Mergr

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