Brembo acquires 2.43% interest in Pirelli

Braking systems company Brembo S.p.A. has announced that it holds an interest in consumer tyre manufacturer and fellow Formula 1 supplier Pirelli. As of 31 March 2020, Brembo holds a 2.43 per cent stake in Pirelli, both directly and through its parent company Nuova FourB.

“By adopting a long-term non-speculative approach, Brembo has autonomously decided to
invest in Pirelli, whose history, brand, leading position and innovation-oriented approach
makes it, just like Brembo, an excellent and particularly significant company in its industry,” shares Brembo in a statement.

Comments closed

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site Or click below to continue on Tyrepress.