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Brembo and Magneti Marelli sign a commercial agreement in Brazil

07/15/2008

Brembo and Magneti Marelli have reached a commercial agreement for the exclusive distribution of brake disks on Brazil’s independent after-market. The marketing of products featuring the Brembo trademark is set to begin the second half of July. With this partnership, Magneti Marelli Aftermarket Parts and Services adds yet another prestigious name to its open global platform of spare parts and accessories.

Magneti Marelli Aftermarket Parts and Services will initially market brake disks on the Brazilian market for top range models of manufacturers such as Audi, Alfa Romeo, BMW, Chrysler, Citroen, Fiat, Kia, Hyundai, Land Rover, Mercedes Benz, Mitsubishi, Toyota, Volkswagen and Volvo. Products will be available in more than 220 Magneti Marelli dealers located throughout the Brazilian territory, as well as in specialized repair shops belonging to the Planeta Performa project.

“This agreement enables us to create a distribution network in Brazil, a market which is currently experiencing great growth, with the support of a Partner with strong roots on the territory.” – stated Alberto Bombassei, President of Brembo.

“We are extremely satisfied to be able to include in our offer aimed at the Brazilian independent market a trademark which is synonymous with prestige and absolute technological excellence such as Brembo” – declared Eugenio Razelli, Magneti Marelli’s CEO.

“The commercial agreement for the exclusive distribution of Brembo products in Brazil – continued Razelli – is an important element in Magneti Marelli Aftermarket Parts & Services development strategy on global markets. As a matter of fact, it confirms our objectives for the independent spare parts and service aftermarket: to create an open distribution platform, offer a complete range of multi-brand products rich in high-end brand names, make available services and information with added value to repair shops in order to help them develop their business, supply new stimuli, technological ideas and areas of activity, such as tuning, for example”.

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