Following the acquisition of SBS earlier this year , Tier 1 Harley-Davidson brakes vendor Brembo has announced that it has signed an agreement to take 100 % ownership of Gavà ( Barcelona ) based brake hose and pad specialist J . Juan Group . Brembo states : " With this transaction , the Group expands its brand family and completes the range of solutions for motorbike braking systems ." Founded in 1965 , J . Juan has three plants in Spain and one in China , manufacturing brake hoses and a " strategic safety component for braking systems that will complement
José Luis Juan , CEO of J . Juan , stated : " We are glad to join the Brembo Group . The transaction will allow us to become part of a strong company with a solid global footprint ."
the current range of Brembo products for motorbikes . " With this transaction , Brembo forges ahead with its path to become a trusted solution provider . The acquisition of J . Juan will enable the Group to complete its range of solutions for the motorbike braking system and to expand its brand family for the growing motorbike sector ." José Luis Juan , CEO of J . Juan , stated : " We are glad to join the Brembo Group . The transaction will allow us to become part of a strong company with a solid global footprint that will support J . Juan ' s development for the professional growth of all our employees and the benefit of customers ." Under the agreement , the consideration for the transaction is currently estimated at € 70m ( around $ 85m ), to be paid using available cash . The final price will be subject to the usual adjustment mechanisms envisaged for similar transactions . The enterprise value is put at € 73m ($ 85.5m ).
Polaris : Chief Product Excellence , Quality and Safety Officer
Polaris has announced that Chris Wolf has been named to the role of Chief Product Excellence , Quality and Safety Officer to replace Todd Gross , the existing Vice President of Global Product Safety and Quality , who is to retiring . Polaris CEO Mike Speetzen said : " Polaris has set out to make product safety and quality a competitive advantage and accelerate how we deliver on our commitment to product excellence across all our brands and businesses globally . Elevating this role reinforces those goals and the importance of this work . Over the course of his career , Chris has been a terrific advocate for our customers . Along with his extensive leadership experience and robust engineering and technical background , Chris ' deep understanding of our businesses , products and processes will be a tremendous asset to our efforts to deliver safe , quality vehicles ." Wolf will lead the Global Product Safety and Quality team and continue to serve as a member of the company ' s executive leadership team , reporting to Ken Pucel , Executive Vice President of Global Operations , Engineering and Lean .
Indian Expands US and Canadian Rental Network
Indian Motorcycle has moved to increase its North American motorcycle rental locations with 14 new rental affiliates - " giving even more North American riders the opportunity to rent a new Indian motorcycle for as short as four hours or as long as a week . " With 25 total locations , Indian Motorcycle rentals are now available in many of the top riding destinations , including San Diego , Sturgis , Austin , Nashville , Milwaukee , Atlanta , Panama City Beach , Vancouver and more . " Rental affiliates will each house a fleet with various models from the current model year line-up , with each fleet updated every 12-18 months , including the all-new Indian Chief and refined 2022 FTR range ." Each motorcycle rental will include damage coverage as part of the rental fee . Riders are required to have a motorcycle endorsement and be fully geared up , including a DOT-approved helmet , long pants and close-toed shoes . Additional protective gear such as gloves , riding jacket and highvisibility or reflective clothing is also recommended . Loaner helmets are also available for those riders in need . Rentals . IndianMotorcycle . com
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