Brembo acquires the Öhlins group from Tenneco

Brembo, leading manufacturer of high-performance braking systems and components, has entered into an agreement to acquire the Öhlins group, leading manufacturer of premium suspension technology, from Tenneco.

The Öhlins group, with approximately 500 employees across Sweden, Germany, the United States, Taiwan and Thailand, develops and manufactures premium suspension technology for the automotive industry. With the acquisition Brembo expands its offerings for the automotive market and takes a step forward in its strategy to provide integrated intelligent solutions to its customers. The transaction is subject to customary regulatory approvals and is expected to close in early 2025.

Mannheimer Swartling acted as Swedish counsel to Brembo in the transaction.