Brembo S.p.A.

Company Profile

■URL

http://www.brembo.com/en

■Address

c/o Kilometro Rosso Science and Technology Park, Viale Europa, 2-24040 Stezzano (BG), Italy

Business Overview

-The Company is a global leader in the research, design, development, and production of brake systems for the automotive sector. Additionally, the Company supplies clutches, seats, seat belts and other components for automotive racing applications.

-The Company provides components and systems across four vehicle segments:

  • Passenger cars
  • Motorbike
  • Commercial and industrial vehicles
  • Racing applications

-The Company has continued to focus on North America as its preferred industrial hub for expanding and internationalizing the Company, with 42% of the Company’s total capital expenditure in the fiscal year ended December 31, 2016 invested in the region.

Shareholders

-The Company is listed on Italian Stock Exchange, Borsa Italiana. (As of December 31, 2016)
Main Shareholders % ownership
Nuova Fourb S.r.l. 53.52
Brembo S.p.A. 2.61
Market 43.86

Products

-Brake calipers
-Brake discs
-Integrated braking modules
-Complete brake systems
-Aluminum brake components
-Aluminum suspension components
-Mechatronic components
-Carbon ceramic brake discs
-Parking brake systems for vans

History

1961 Founded in Paladina (Bergamo, Italy) as a small mechanical machining workshop.
1960's Influenced by the impulse of the motor car industry and strong market expansion, the Company specialized in the manufacturing of disc brakes that were exclusively exported to the U.K.
1964 A supply contract was stipulated with Alfa Romeo.
1975 Enzo Ferrari instructed the Company to conduct a study on a braking system to match the power of Maranello's "Red Streaks".
1980's Innovations in technological processes; in the range of products; in materials that aluminum was introduced.
Expanding its customers base, such as Porsche, Mercedes, Lancia, BMW, Nissan, Chrysler.
1981 Starting to supply aluminum calipers for passenger vehicles.
1983 The American group Kelsey Hays, active in the components field, entered the corporate capital.
1985 A dominant supply contract of calipers for Porsche.
1991 In view of a considerable increase in production and personnel, the operative site was transferred to Curno.
1995 Quoted on the Milan Stock Exchange.
1996 Announced a joint-venture with Rassini in Mexico.
1997 Increased its interest in B.S.E. to 51%.
Increased its interest in Norbit A.B. to 100%.
Sold its interest in Alloy Technologies Ltd.
Feb. 1997 Acquired Fonderie Officine Meccaniche Mapello SpA.
Mar. 1999 The Company's subsidiary, Brembo Participations B.V., acquired 100% of Brembo do Brasil Ltda.
Jun. 1999 Set up Brembo Participations B.V.
Sep. 1999 Set up Brembo International S.A. (LUX).
Transferred 50% of shares in Bref S.r.l. Fonderia to de Torbole S.r.l.
Feb. 2000 Acquired 100% of Alfa Real Minas.
Mar. 2000 Acquired 70% of Marchesini S.r.l.
Announced a joint venture with SKF.
Announced a joint venture with the AI Group (owned by the South African company DFI) and Lemforder, a division of ZF Friedrichshafen.
Jul. 2000 Announced its acquisition of AP Racing (UK).
Jul. 2001 Formed a joint venture, named Nanjing Yuejin Automotive Brake System Co. Ltd.
Sold the entire holding in Stepal S.r.l., the holding company of Fonderia Regali S.r.l.
Jan. 2002 Acquired a further stake in the already partly held Brembo Rassini S.A. de C.V, taking the Company's interest from 51% to 76%.
Jul. 2002 Resolved on the merger of Brembo Engineering S.p.A. into the Company.
Nov. 2002 Acquired 30% of Marchesini S.r.l. for a value of EUR 310,000.
Jan. 2004 Brembo Ceramic Brake Systems S.p.A., a joint venture with DaimlerChrysler AG, started the production of the first ceramic brake discs.
Jul. 2005 Signed an agreement with Simest to establish a new production company in China, specializing in the production and sales of braking systems for the original equipment.
Aug. 2012 Acquired remaining 32.26% of Brembo China Brake Systems Co. Ltd. from Simest, making it a wholly owned subsidiary.
2013 Acquired full ownership of Brembo Nanjing Brake Systems Co. Ltd., after purchasing remaining 30% stake from Chinese partner Donghua Automotive Industrial Co. Lt., for CNY 90 million.
May 2016 Acquired 66% stake in ASIMCO Meilian Braking Systems, a manufacturer of cast-iron brake discs for local Chinese joint ventures for approximately EUR 78 million.

Supplemental Information 1