Brembo today announced, further to the press release dated April 28, 2021, it has completed its acquisition of J.Juan, a Spanish company specialising in the development and production of motorbike braking systems.
The transaction has entailed a consideration of €73 million, which will be paid using available cash, and is subject to the customary adjustment mechanisms as for similar transactions, which will be completed within the next 80 working days.
