BORG AUTOMOTIVE ACQUIRES SCANDINAVIAN BRAKING SUPPLIER

Borg Automotive, part of the Danish industrial conglomerate Schouw & Co, has concluded an agreement to acquire brake component supplier SBS Automotive.

SBS Automotive HQ

The addition is part of Borg’s growth plans. The first step was taken last year with the acquisition of the Spanish company Turbo Motor Inyección (TMI) which remanufactures turbo chargers.

READ: BORG AUTOMOTIVE ACQUIRES TURBO REMANUFACTURER

Originally known as Scandinavian Brake Systems, as the company name suggests, SBS offers a variety of product groups related to braking such as discs, pads, shoes and calipers. In addition to brake related products the company also offers a broad range of steering components, wheel bearings and shock absorbers to the market.

Kim Kruse Andersen, CEO, Borg Automotive, said: “SBS adds significant revenue and a new dimension to our business, meaning that we will now be present in new markets. We will also be adding more product groups to our existing, wide product portfolio. SBS Automotive, just as Borg Automotive, has a strong focus on the positive customer experience, and we will be even more attractive to our customers in the future.

Borg Automotive products are sold under four different brands Elstock, DRI, Lucas and TMI.

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

HALFORDS’ FY RESULTS: BIKES UP, CAR PARTS DOWN

Strong results from chain, though predicting supply and demand has ‘presented its own challenges’

Read More

FIX AUTO NEWTON ABBOT OPENS SHUTTERS

Bodyshop owner Louise Woolacott and her daughters open second Fix Auto franchise in Devon

Read More

ARNOLD CLARK AUTOPARTS DONATES TO RNLI TROON

Craig McCracken donates a bike to lifeguard and a monkey to Troon lifeboats

Read More

GS YUASA TO CREATE 100 JOBS IN WALES

Company investment and government grant helps firm expand Ebbw Vale factory

Read More

SUPPLIER NEWS: NEMESIS TAKES ON MOTUL

Branded product distributor to stock lubricant brand as Motul expands UK presence

Read More

Go to comments

Your email address will not be published. Required fields are marked *