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|Type||Società per azioni|
|Founded||January 11, 1961|
|Daniele Schillaci (CEO), Alberto Bombassei (Chairman)|
|Revenue||€ 2,640 million (2018)|
|€ 500.9 million (2018)|
|€ 238.3 million (2018)|
Number of employees
Brembo was established Paladina, Italy on January 11, 1961 by Emilio Bombassei and Italo Breda, father and uncle, respectively, to the current Chairman Alberto Bombassei. Soon after the company was formed, it specialized in disc brakes, which were imported from the UK at the time. The company entered into a supply contract with Alfa Romeo in 1964. It became the supplier of brake components to Moto Guzzi in 1966. In the 1980s, Brembo began supplying BMW, Chrysler, Ferrari, Mercedes-Benz, Nissan, and Porsche with brakes. The company went public on the Milan Stock Exchange in 1995. The company was named after the Brembo river, as Bombassei lived in a village on the coast of the river before moving to Milan.
Brembo's corporate headquarters are in Stezzano, and the company has more than 10,634 employees within Italy and at branches in Brazil, China, Japan, Mexico, the US, Poland, Spain, Sweden, and the UK. In 2000, Brembo purchased the UK-based racing brake and clutch manufacturer AP Racing (a former division of Automotive Products).
On November 9, 2007, the Automotive Brake Components division of Hayes Lemmerz was acquired by Brembo's North American subsidiary. The approximately €39.6 million sale included production facilities in Homer, Michigan and Apodaca, Mexico and approximately 250 employees.
An official press release on May 21, 2014, announced an €83 million expansion of the Michigan facility. On December 2, 2014, Brembo announced plans to invest €32 million into a 31,500 square meter production facility, which is projected to produce 2 million aluminum calipers yearly. The current expectation is initial operation beginning in 2016 and full operation by the end of 2018.
On March 5, 2015, Brembo's deputy chairman Matteo Tiraboschi reported the company's 2014 sales growth of 15% up to €1.8 billion, and a net profit increase of 45% to €129.1 million. He also reported that possibilities for acquiring assets were being explored, with a focus on the automotive and aviation sectors.
As of 2019, Brembo is present in 14 countries worldwide.
Brembo specializes in performance braking systems and components, as well as conducting research on braking systems. Brembo sells over 1,300 products worldwide, and is known for their aftermarket automotive brake components, including calipers, drums, rotors, and brake lines. Brembo owns the foundries which produce their initial materials and supply the manufacturing plants. In all other markets the company controls the entire production system from raw materials through distribution. The company holds QS9000 and ISO 9001 certifications.
Brembo brakes are also used by a variety of Formula One teams including Ferrari, and brake supplier of the majority of MotoGP teams (Nissin brakes were in use by the Gresini squad in the 2014 season). Since 2012 season, Brembo is also an official brake supplier for IndyCar Series until 2016 (whole) and 2017 (caliper only) seasons. Since Season 5, Brembo supplies the entire braking system to all Spark Racing Technology Gen2 cars in Formula E. Since 2005 Brembo is also an official brake caliper supplier for GP2 Series later FIA Formula 2 Championship and official whole brake supplier for GP3 Series later FIA Formula 3 Championship since 2010. Brembo is also the exclusive supplier of the entire braking system for the MotoE World Cup.
Brembo Group brandsEdit
- AP — Car brakes
- AP Racing — Racing motorcycle and car clutches and brakes
- Breco — Aftermarket discs and drums
- Brembo — High end brakes
- ByBre — Small to midsize scooter and motorcycle brakes in Brazil, Russia, India, China, and South East Asia
- Marchesini — Wheels
- Villar — Aftermarket discs
- SBS Friction — OEM and aftermarket brake pads, brake discs and clutch kits for motorcycles, scooter, racing and UTVs/SSVs/ATVs
- "Results at 31 December 2018" (PDF) (in Italian). Retrieved 4 March 2019.
- Brembo S.p.A. – Registered offices
- ". Brembo S.p.A.; Company Description", Barron's
- Brembo (April 3, 2017). "Brembo President to Enter Automotive Hall of Fame; Alberto Bombassei has been nominated for induction into the prestigious Automotive Hall of Fame". Cycle World (Press release).
- "Brembo and Hayes Lemmerz complete sale of Hayes Lemmerz' Automotive Brake Component division to Brembo North America" (PDF). 9 November 2007. Archived from the original (PDF) on 2 April 2015. Retrieved 15 March 2015.
- "BREMBO TO INVEST $39 MILLION (€32 MILLION) FOR A NEW ALUMINUM CALIPER PRODUCTION PLANT IN MEXICO" (PDF). 2 December 2014. Archived from the original (PDF) on 2 April 2015. Retrieved 15 March 2015.
- Agnieszka Flak (5 March 2015). "Brembo sees 2015 sales growing, looking at M&A". Reuters. Archived from the original on 2 April 2015. Retrieved 15 March 2015.
- "The New Tech Headache Formula E Teams Must Solve". InsideEvs. 21 October 2018.
- "Next generation Formula E Car breaks cover in Geneva". FiaFormulaE. 6 March 2018.
- "The brakes of the MotoE explained by Brembo". epaddock. 14 October 2019.