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COMMUNIQUE DE PRESSE
Northville, Michigan, le 9 novembre 2007 Pour diffusion immédiate
Brembo et Hayes Lemmerz finalisent la vente de la division Automotive Brake Component de Hayes Lemmerz à Brembo North America..
Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) et Brembo S.p.A. (Bourse italienne : BRE) annoncent aujourd'hui la vente de la division Automotive Brake Component de Hayes Lemmerz à Brembo North America, Inc.
La division Automotive Brake Component de Hayes Lemmerz détient des centres de production à Homer (Michigan) et Apodaca (Mexique) qui fabriquent des disques de frein et des tambours pour le marché nord américain des véhicules légers et des véhicules utilitaires légers. Cette division compte environ 250 collaborateurs, dont 64 employés techniques. Le chiffre d'affaires 2006 la division s'élevait à environ 120 millions de dollars.
Under the agreement announced today, Brembo North America, Inc., a subsidiary of Brembo S.p.A., has acquired all of the stock of two Hayes Lemmerz subsidiary companies that own the brake manufacturing operations in Homer and Apodaca and certain assets used in connection with the division's sales, marketing and engineering group located in Hayes Lemmerz' headquarters in Northville, Michigan.
The amount of the transaction is approximately $ 58 million, debt-free.
"We have built a strong business with a solid reputation for quality products, delivery and performance," said Daniel Sandberg, President of Hayes Lemmerz' Automotive Components Group. "Combining this business with an international, technically dynamic brake company like Brembo will better position the combined company to grow and compete in the global market. Our brake teams in Homer, Apodaca and Northville look forward to leveraging our shared commitment to superior customer service, product innovation and technology."
"I am very pleased with the acquisition of this well-managed and successful business," commented Brembo Chairman, Alberto Bombassei.
"This is another important step for Brembo in the NAFTA region, where we already have a strong presence with 2006 sales of approximately $ 140 million. Our purchase of Hayes Lemmerz' rotor business will greatly improve Brembo's leadership position in the North American brake rotor market. We continue to believe that North America, as a mature and sophisticated market, is one of the most important in the world which fits well with Brembo's strategic position. This transaction will provide Brembo with a solid manufacturing base to supply all the North American operations of all of our customers," Mr. Bombassei said.
Hayes Lemmerz International, Inc. is a leading global supplier of automotive and commercial highway wheels and powertrain components. The Company has 24 facilities and over 7,000 employees worldwide.
Brembo S.p.A. is the world leader and the acknowledged innovator worldwide of disc braking system technology for vehicles. It supplies high performance braking systems to the most prestigious manufacturers of cars, commercial vehicles and motorbikes around the world. Brembo is also a leader in the racing sector and has won more than 200 championships. The company currently operates in 12 countries, with 23 production and business sites and a pool of over 4,700 associates, 9% of whom are engineers and product specialists working in R&D and technical areas. Brembo is the owner of the Brembo, AP Racing and Marchesini brands. Brembo's 2006 sales in the NAFTA area were approximately $140 million (11.9% of total sales). The company operates in this region with a manufacturing plant in Puebla, Mexico, and business sites in Costa Mesa, CA and Charlotte, NC.
For further information:
Brembo S.p.A.
Investor Relations :
Orsi Corrado Tel. +39 035 605 2884
Vavassori Roberto Tel. +39 035 605 2223
e-mail :
[email protected]Internet website: www.brembo.com
Media Relations:
De Marchi Gianfranco Tel. +39 035 605 2576
Mobile +39 336 634686
Francesca Muratori Tel. +39 035 605 2277
Mobile +39 329 3007882e-mail :
[email protected]Hayes Lemmerz International, Inc.
Marika P. Diamond +001 734 .737 5162
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