Nov 6 2003
Brembo and DaimlerChrysler have signed a contract that will see them establish a joint venture for the manufacture of ceramic brake discs. Each company will hold a 50% stake in Brembo Ceramic Brake Systems SpA.
Brembo Ceramic Brake Systems SpA will be located in the new Science and Technology Park ‘Kilometro Rosso’ in Stezzani, Italy, with the joint venture becoming effective on January 22, 2004.
The two companies will contribute related expertise for the development and manufacture of ceramic brake discs.
For more information on brake components, click here.