We are pleased to inform that on 10th June 2022, Endurance Overseas has acquired 100% stake in Frenotecnica Srl.
Frenotecnica, based in Rovereto (TN), Italy, is engaged in the business of designing and manufacturing of friction materials and components for braking systems for two-wheeler vehicles. The primary business activity comprises sale of brake pads under its registered trademark “Brenta” and also based on orders from third parties.
Acquisition of stake in Frenotecnica is made in the context of creating a centre of excellence in Italy for the development of business of premium components for two-wheeler segment.
This acquisition will give growth opportunities to the Endurance Group for this renowned brand in the after-market and replacement business and also provide access to in-depth know-how for production technologies of friction materials, particularly for brake applications.