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TRW acquires Brake Engineering

TRW Automotive Aftermarket has acquired Brake Engineering, a UK based aftermarket manufacturer for an undisclosed price.

Based in Wale, Brake Engineering has approximately 160 employees and develops and manufactures braking products (calipers, caliper pistons, discs and drums) primarily for the European independent aftermarket.

The company reported 2005 sales of £15.3 million.

TRW said it planned to keep Brake Engineering’s existing management team in place. Commercial activities at both TRW Automotive Aftermarket and Brake Engineering are not expected to be impacted by the acquisition.

Francois Augnet, vice president for TRW’s aftermarket business in Europe and Asia Pacific, said: “This acquisition underlines our commitment to becoming the leading safety systems supplier to the aftermarket. We believe the addition of Brake Engineering’s operations expands our manufacturing presence in Europe and strengthens our competitive position.”

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