According to a comprehensive foreign news report, the European Commission (EC) has recently adopted an application for a joint venture between SGL Carbon and Brembo.
In order to share costs and develop new technologies, SGL Carbon and Brembo decided to merge their respective carbon-ceramic brake pads. The EU Executive Committee said that although the carbon ceramic brake pads have a place in the high-end market of brake pads, the joint venture company will still face fierce market competition.
SGL Carbon is one of the world's leading manufacturers of carbon graphite materials and related products. Its core competence comes from its many years of expertise in high temperature technology and engineering and applications. Italy Brembo mainly produces automotive brake systems and is a supplier of high-end automotive brands such as Ferrari and Lamborghini. The merger will give full play to the superior technology of the two parent companies: the SGL Group's thorough understanding of carbon fiber materials and Brembo SpA's high level of braking technology.
In order to share costs and develop new technologies, SGL Carbon and Brembo decided to merge their respective carbon-ceramic brake pads. The EU Executive Committee said that although the carbon ceramic brake pads have a place in the high-end market of brake pads, the joint venture company will still face fierce market competition.
SGL Carbon is one of the world's leading manufacturers of carbon graphite materials and related products. Its core competence comes from its many years of expertise in high temperature technology and engineering and applications. Italy Brembo mainly produces automotive brake systems and is a supplier of high-end automotive brands such as Ferrari and Lamborghini. The merger will give full play to the superior technology of the two parent companies: the SGL Group's thorough understanding of carbon fiber materials and Brembo SpA's high level of braking technology.
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