Eversheds Sutherland advises Tenneco, Inc. in connecting with its sale of Öhlins Racing
December 04, 2024
Eversheds Sutherland has advised Tenneco, Inc., one of the world's leading designers, manufacturers, and marketers of automotive products, in connection with its sale of Öhlins Racing to Brembo N.V., a global leader in the manufacturing of high-performance braking systems and components.
Öhlins Racing produces a wide range of products, including shock absorbers, front forks, steering dampers, software and algorithms. It is also a supplier of motoracing championships, including Formula 1 and MotoGP. The acquisition is expected to close in early 2025.
Eversheds Sutherland acted as local counsel in Sweden and other jurisdictions and the team consisted mainly of Ulrika Sparrman, Anna Wendel Thoms, Per Westman, Elvira Näs from the Stockholm office and Antony Walsh and Michael Hardiman from the London office.
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