Brembo Buys Chinese Asimco Limited

In 2016, Brembo acquired a 66% stake in ASIMCO Meilian Brake System Co., Ltd., a Chinese company that owns a foundry and a cast iron brake disc production plant, mainly supplying surrounding car companies.

The remaining 34% stake continues to be held by Langfang State-owned Assets Management Co., Ltd., a subsidiary of the Langfang Municipal Government.

The company's turnover in 2018 was 78.5 million euros and at the end of 2018, the number of active employees was 670.