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Brembo

Brembo
Leadership team

Mr. Matteo Tiraboschi (Exec. VP, CFO & Exec. Chairman?)

Mr. Alberto Bombassei (Pres & Chairman Emeritus?)

Ms. Cristina Bombassei (Chief CSR Officer & Exec. Director)

Products/ Services
Automotive, Machinery Manufacturing, Product Design
Number of Employees
1,000 - 20,000
Headquarters
Stezzano, Lombardia, Italy
Established
1961
Company Registration
SEC CIK number: 0001011174
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BIT:BRE
Social Media
Overview
Location
Summary
Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. The company operates through Discs ? Systems ? Motorbikes; and After market ? Performance Group segments. The company offers brake discs, calipers, wheel-side modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions. It also provides brake master cylinders, light-alloy wheels, brake hoses, braking systems pads, drums, brake shoes, drum-brake kits, and hydraulic components. In addition, the company offers braking systems for race cars and motorbikes under the Brembo Racing brand; braking systems and clutches for race cars under the AP Racing brand name; and magnesium and aluminum wheels for racing motorbikes under the Marchesini brand. It operates in 15 countries. The company was founded in 1961 and is headquartered in Stezzano, Italy. Brembo S.p.A. is a subsidiary of Nuova FourB S.r.l.
History

Brembo was established in Paladina, Italy on January 11, 1961, by Emilio Bombassei and Italo Breda . The company was named after the Brembo river, as Bombassei lived in a village on the coast of the river before moving to Milan. Soon after Brembo 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 and became Moto Guzzi's brake component supplier in 1966. In the 1980s, Brembo also began supplying brakes to BMW, Chrysler, Ferrari, Mercedes-Benz, Nissan, and Porsche. Brembo went public on the Milan Stock Exchange in 1995.

In 2000, Brembo purchased the UK-based racing brake and clutch manufacturer AP Racing . On November 9, 2007, Brembo's North American subsidiary acquired the Automotive Brake Components division of Hayes Lemmerz. The approximately €39.6-million sale included approximately 250 employees and production facilities in Homer, Michigan and Apodaca, Mexico.An official press release on May 21, 2014, announced an €83-million expansion of the Michigan facility. Later that year, on December 2, Brembo also announced plans to invest €32 million into a 31,500-square-meter production facility, projected to produce two million aluminum calipers annually. The expectation was initial operation by 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 the company was exploring acquiring assets, with a focus on the automotive and aviation sectors.The company'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. As of 2019, Brembo was present in 14 countries worldwide.

Mission
To create innovative and technically superiorbraking systems that provide thehighest levels of safety and performancefor the automotive industry.
Vision
To be the world's leading supplier of braking systems,technologies and services for vehicles.
Key Team

Mr. Daniele Schillaci (CEO, MD & Director)

Laura Panseri (Investor Relations Mang.)

Mr. Umberto Simonelli Silva (Chief Legal & Corp. Affairs Officer and Company Sec.)

Mr. Roberto Vavassori (Exec. Director)

Matteo Tradii (Chief Internal Audit Officer)

Recognition and Awards
Brembo has won numerous awards and accolades throughout the years, including the prestigious Automotive News PACE Award and the Automechanika Innovation Award 2013, Auto Express Best Upgrade Award 2020, and the AutoZone Supplier of the Year Award 2020.
References

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Brembo
Leadership team

Mr. Matteo Tiraboschi (Exec. VP, CFO & Exec. Chairman?)

Mr. Alberto Bombassei (Pres & Chairman Emeritus?)

Ms. Cristina Bombassei (Chief CSR Officer & Exec. Director)

Products/ Services
Automotive, Machinery Manufacturing, Product Design
Number of Employees
1,000 - 20,000
Headquarters
Stezzano, Lombardia, Italy
Established
1961
Company Registration
SEC CIK number: 0001011174
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BIT:BRE
Social Media