TMD Friction confirms successful acquisition by Aequita

News
M&A

TMD Friction will remain independent with its own brand

In a press release announcement on Dec. 5, TMD Friction, a specialist for high-quality brake friction solutions for the automotive and brake industry, has confirmed the successful completion of its acquisition by Aequita, a privately-owned industrial group based in Munich, focused on the acquisition and long-term value enhancement of companies.

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