19th January 2009 - Brembo Widens Activities in Brazil, Purchases Sawen Industrial

Brembo has purchased from the Brazilian Company Sawem Industrial Ltda, assets and business relating to the production and sale of flywheels for the automotive industry.

The purchase of such activity occurred through Brembo do Brasil Ltda., a fully owned subsidiary, using available liquidity.

The amount of the transaction is approximately Brl 8,2 Mio (about € 2,8 Mio) debt free.

The 2008 turnover of the purchased business is of R$ 15 Mio (about € 5 Mio) with remarkable development opportunities both in the South American market and in the geographical areas where Brembo is present.

From the technology and production point of view, the product is nicely fitting with the Brembo business of brake discs as far as casting and machining is concerned.

Brembo do Brasil Ltda., headquartered in Betim, Minas Gerais, is specialized in the production and sale of brake discs for the aftermarket and the original equipment, with a share n the Brazilian market exceeding 50%. 2008 net sales is estimated in about Brl 120 million (€ 0 million). The workforce at 30 September 2008 numbered 300.

Brembo S.p.A. is the world leader and acknowledged innovator of the brake disc technology for automotive vehicles. Brembo supplies high performance brake systems for the most important manufacturers of cars, commercial vehicles and motorbikes worldwide, as well as clutches, seats, seat belts and other components for racing only. Moreover, Brembo is also a leader in the racing sector and has won more than 200 championships. Today the company operates in 14 countries of 3 continents, with 32 production and business sites, and a pool of about 5.700 employees, 9% of whom are engineers and product specialists active in the R&D.

The 2007 sales were equal to € 912 million.

Brembo is the owner of the Brembo, Marchesini, Sabelt brands and operates through AP Racing brand.