Sale of SBS Friction (DK) to Brembo Group SpA (IT) by SBS Group A/S (DK) – DKK 300 million

Carnegie acts as exclusive financial adviser to SBS Group in the sale of SBS Friction to Brembo. Scandinavian Brake Systems A/S (“SBS Group”) has entered into an agreement to divest the division SBS Friction to Italian Brembo Group SpA (“Brembo”), a leading global manufacturer of braking systems. Brembo acquires the company SBS Friction A/S with approximately 100 employees and SBS Group’s headquarters and production facility in Svendborg, which mainly accommodate SBS Friction’s activities. December 2020