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Brembo now owns 2.43% stake in Pirelli

Brembo, world leader in the design, development and production of braking systems, has announced that it holds an interest in Pirelli, a global high value consumer tyre company.

By adopting a long-term non-speculative approach, Brembo has autonomously decided to invest in Pirelli, whose history, brand, leading position and innovation-oriented approach makes it, just like Brembo, an excellent and particularly significant company in its industry.

As of today’s date Brembo, both directly and through its parent company Nuova FourB, holds a 2.43% stake in Pirelli.

This announcement comes even as Brembo has extend the temporary suspension of its Italian operations in Stezzano, Curno, Mapello and Sellero until further notice due to the outbreak.