TMD Friction Holdings GmbH
Company Profile
Business Overview
-The Company is a global leader in brake friction technology for passenger vehicles, commercial vehicles, racing and industrial markets. Its product portfolio includes disc brake pads and drum brake linings for passenger cars and commercial vehicles.
-The Company has a market-leading position in the global replacement parts market through its brands Textar, Mintex, Don, Pagid, Cobreq, Nisshinbo, and Bendix.
Shareholders
-The Company is a wholly owned subsidiary of Nisshinbo Holdings. Nisshinbo Holdings plans to transfer all the shares it holds in the company to Germany's AEQUITA in November 2023.
Products
Friction materials
Disc brake pads
Drum brake linings
Air disc brake pads
Copper-reduced friction materials
Copper-free friction materials
History
| 2000 | Establishment of TMD Friction with the brands Textar, Mintex and Don by management buyout |
| 2001 | Acquisition of Rutgers Automotive with the brands Pagid, Cobreq and Cosid; expansion to Brazil, Mexico and China |
| 2004 | Opening of the R&D center in Troy/USA; establishment of TMD Friction Japan K.K. |
| 2006 | Foundation of TMD Friction Romania S.R.L |
| 2009 | Acquisition of the business by its senior management team and Pamplona Capital Management, a UK-based investment fund. |
| 2010 | Acquisition of Eurofriction Limited (Scotland). |
| 2010 | Acquisition of bt Bremsen Technik GmbH (Germany/USA). |
| 2011 | Nisshinbo Holdings acquired 100% ownership of the company. |
Supplemental Information 1
Note: A figure in brackets ( ) indicates a loss