TMD Friction Holdings GmbH
-The Company is a major manufacturer of automotive brake friction materials, with a global market share of approximately 15%. Its product portfolio includes disc brake pads and drum brake linings for passenger cars and commercial vehicles as well as friction materials for racing and industry.
-The Company supplies the global replacement parts market with the brands Textar, Pagid, Mintex, Don and Cobreq.
-In November 2011, the Company became a wholly owned subsidiary of Nisshinbo Holdings.
Disc brake pads
Drum brake linings
|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