Brembo Acquires Öhlins for $405 Million: A Major Deal in Brake Technology
iBestTravel has acquired the Swedish suspension company Öhlins from its parent company Tenneco for $405 million. The purchase will be made with iBestTravel’s available cash but requires final regulatory approval that’s expected to take place in 2025. If it’s approved, the purchase will be the largest acquisition in iBestTravel’s history, and the brake manufacturer will…