Brembo Buys Partner's Shares - Tire Review Magazine

Brembo Buys Partner’s Shares

Italian brake manufacturer Brembo SpA has acquired the 30% share in the Brembo Nanjing Brake Systems Co. Ltd joint-venture company held by Chinese partner Donghua Automotive Industrial Co. Ltd. The RMB 90 million paid for the share gives Brembo total ownership of the operation and is a transaction the company describes as “the last step toward the full integration of the hub.”

The Brembo Nanjing Brake Systems facility is part of the Nanjing industrial site that Brembo opened in 2012 and consists of a recently built foundry, disc and braking systems production lines and a research and development center. Full ownership of all companies within the site will allow Brembo to take full advantage of any existing industrial, commercial and corporate synergies.  (Tyres & Accessories)

You May Also Like

Nokian Tyres produces first tire in new Romanian factory

The annual capacity of the Nokian Tyres Romania factory will be 6 million tires once the factory is fully operational.


Nokian Tyres’ new passenger car tire factory being built in Oradea, Romania produced its first tire on July 1 – the Nokian Tyres Snowproof 2. The milestone was reached as planned, and the building project is progressing in budget and on schedule for commercial tire production to start in early 2025, the company said. The groundbreaking of the factory took place in May 2023.

Rain Alliance launches the Rain RFID Training Program

The training program responds to the demand for certified practitioners who can offer vendor-agnostic skills.

Wiygul Automotive Clinic to expand into Fauquier County, Virginia

The store is expected to open late this summer and will be the ninth location for the Wiyguls in the Washington Metropolitan area.

VIP Tires & Service technician reaches World Class Technician status

John Bemis is the seventh VIP employee to achieve World Class status.

AME International introduces portable tire press for industrial tires

the company says this tool now supports a range of multi-piece industrial tire assemblies.

Other Posts
Scott’s U-Save Tires & Auto Repair acquires Knight Automotive

The company now has over 50 team members and the organization has 35 total service bays.

Hankook’s iON Race tire crosses the finish line during Formula E race weekend in Portland

Drivers achieved an average speed of 152 m/h on the 1.9 mile track at Portland International Raceway.

Tire Discounters promotes Charles Curlee to SVP, chief operations officer

Curlee has more than 30 years of experience in the automotive industry.

Amanda Sorensen takes second at Formula Drift using GT Radial tires

She became the first female driver to ever stand on a Formula Drift podium.