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Tenneco sells suspension expert Öhlins Racing to Brembo
UPPLANDS VÄSBY, Sweden - With the complete takeover of Swedish suspension specialist Öhlins Racing AB, Italian brake expert Brembo is making the largest acquisition in the company's history, according to its own statements. Öhlins had been part of US automotive supplier Tenneco Inc. since the end of 2018. Subject to the usual regulatory approvals, the takeover, which was announced on 11 October, is expected to be completed by the beginning of 2025.