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Brembo buys Ferrari suspension supplier Ohlins
Italy's Brembo said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing, a supplier of Scuderia Ferrari, for $405-million, in the premium brake maker's biggest ever acquisition. Swedish-based Ohlins will be fully acquired from Apollo Global Management-backed Tenneco and will be paid through available cash, Brembo said in a statement. Brembo Executive Chairman Matteo Tiraboschi said Ohlins…
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2h ago from GrandPrix247.com
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