Brembo bought J.Juan for € 70 million / Motonews / BikePost
The Italian braking system manufacturer Brembo has completed the takeover of the Spanish firm J.Juan. The report says that the deal was worth 70 million euros.
The decision to buy J.Juan stems from Brembo’s desire to invest more in the motorcycle sector. J.Juan has made great strides in the production of brake components for manufacturers and tuning companies. It is currently unknown how Brembo is going to dispose of the new assets. It is likely that J.Juan will continue to produce price-oriented components, while Brembo will focus on high-performance and racing systems.
Brembo is gradually buying up competitors. Not so long ago, the Italians acquired the Danish brand SBS Friction, which deals with pads.
“We are delighted to welcome J.Juan and the Brembo Group.” – said Alberto Bombassi, head of Brembo. “This deal is in line with our global strategy and follows the purchase of SBS Friction.”
Last year, Brembo also bought a portion of Pirelli’s shares, meaning the company’s ambitions go far beyond braking systems.