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ISIN code: IT0005252728
Sector: Manufacturing chain
Industry: Original auto parts
Le actions of Brembo are listed on the Milan Stock Exchange under the ticker BRE.
Look at the history of the quotation of the share on the Milan Stock Exchange
Company Description
Brembo is an Italian company that operates in the development and production of vehicle braking systems. The company is a world leader and recognized innovator of vehicle disc brake technology. Brembo produces brake discs, pads, modules, calipers, master cylinders and complete braking systems for cars, motorcycles, commercial vehicles, racing cars and motorcycles.
The headquarters are in Stezzano.
Brembo operates in 15 countries on 3 continents, with 29 production sites and sales offices, employing over 12.000 people.
The company is active as a supplier in the sports racing sector. He has over 500 world championships won on his bulletin board.
Brembo owns the following brands:
- Brembo
- Brembo Racing
- Ap
- AP Racing
- Marchesini
- By Bre
- Breco
- J. Juan
- SBS friction
Brembo has been listed on the Milan Stock Exchange since 1995 where it is present in the FTSE Italia Mid Cap index. The company is controlled by the Bombassei family. The share capital amounts to €34.727.914 Euros and consists of 333.922.250 shares.
THEshareholders is composed as follows:
- Alberto Bombassei (Nuova Fourb Srl), 53,52%
- Sprucegrove Investment Management Ltd., 3,17%
- Capital Research & Management Co. (World Investors), 3,10%
- Brembo SpA, 3,00%
- Mawer Investment Management Ltd., 1,64%
- The Vanguard Group, 1,18%
Turnover in 2020 was 2.208,6 million euros.
In April 2020, the Bombassei company becomes a shareholder of Pirelli by purchasing 2,4% of the capital. Today Brembo owns 4,78% of Pirelli.
Brembo companies and subsidiaries:
Economic and financial analysis of the company
Brembo was founded in 1961 by Emilio Bombassei, father of the current President, a few kilometers from Bergamo, like a small mechanical workshop.
In 1964 the company began producing the first brake discs aimed at the aftermarket. It also begins to produce the other components of the braking system.
The quality of the company's products and services begin to be recognized internationally.
In 1972 the first standard Brembo calipers were born.
In 1975 Ferrari Formula 1 team entrusts the supply of braking systems to the company.
Since the early XNUMXs, Brembo has aimed at developing innovative technological products and processes.
In 1983 it entered the share capital of the company la Kelsey Hayes, a US multinational active in the production of braking systems. In March 1993, Kelsey-Hayes sold its stake.
In 1995 Brembo was listed on the Milan Stock Exchange.
The 2000s are years of great expansion and acquisitions. In XNUMX he acquired the Brazilian company Alpha Real Minas, for machining brake discs for cars and assembling flywheels. Buy the English company AP Racing Limited, specialized in the production of braking systems and clutch systems for racing cars and motorcycles and for high-performance sports cars. In the motorcycle sector, he acquires 70% of the company Marchesini, specialized in the production of magnesium wheels for racing motorcycles. Enter the Chinese market, thanks to the joint venture signed with Yuejin Motor Group and the establishment of the Company Nanjing Yuejin Automotive Brake System, for the production of braking systems for cars and commercial vehicles.
In the 2003 is born Brembo Ceramic Brake Systems SpA, a joint venture between Brembo and the motor group Daimler for the development of carbon ceramic brake discs. Since June 2009, following a joint venture with SGL Brakes GmbH, changes its name to Brembo SGL Carbon Ceramic Brakes.
In the 2005 is born KBX Motorbike Products Private Ltd., based in Pune, a joint venture between Brembo and the Indian subsidiary of Bosch, Kalyani Brakes Ltd., with the aim of producing and selling motorcycle brake systems.
In 2007, the new Research and Development Center was inaugurated within the Kilometro Rosso Science and Technology Park.
In 2008 he acquired Sabelt, manufacturer of seat belts and child restraint systems.
In 2010, Brembo launched the new brand in India Bybre: the brand intended for braking systems for small and medium engine capacity cycles and motorcycles (up to 600 cc).
In 2015 Sabelt was sold and bought back by the Marsiaj family.
In 2016 he completes the acquisition of ASIMCO Meilian Braking Systems, a manufacturer of braking systems in the Beijing area for 86 million euros.
In 2021 he acquired SBS friction, a Danish company that develops and produces brake pads in sintered and organic materials for motorcycles.
The latest news on Brembo
Stock market October 13: fear grows over the Hamas-Israel conflict and over interest rates. Brembo calls Pirelli who does not respond
Markets cautious but very on guard for the developments of the conflict in MO but also for the disappointing data on US inflation - IMF ready to intervene if the BTP-Bund spread widens too much. Oil and gas are rising
Stock exchanges June 21 afternoon: oil companies and banks save the Ftse Mib but Brembo collapses (-6%) due to the Dutch flight
Fed Chairman Powell Confirms More Rate Hikes This Year – Bitcoin Recovers – Milan Doesn't Appreciate Dutch Choice
Stock exchanges latest news 21 June: Piazza Affari races but rejects Brembo's flight to the Netherlands
Milan is the pink jersey of the stock exchanges in Europe but does not appreciate the move of the registered office of Brembo which loses 7% – Bank shares are doing well
Stock exchanges today June 21: the markets are waiting for Powell. Also Dutch Brembo. Watch out for Unicredit and Eni
All eyes on the Fed Chairman's speech, which will reveal whether and how American monetary policy is changing – The spotlights of Piazza Affari on Brembo, Eni, Unicredit but also Tim and Pirelli
Brembo: record accounts with an eye to the future of Pirelli
The Bombassei-based company expects revenues to increase by 5% in 2023, but margins disappoint forecasts and the stock falls, also prey to profit-taking - Dividend of 0,28 euros and buyback of 144 million