-
In August 2023, Nisshinbo Holdings divested TMD Friction Group—a company specializing in brake friction solutions—to AEQUITA SE & Co. KGaA, a subsidiary of an industrial group.
- In February 2022, Brakes India introduced ‘Elite,’ a high-performance friction brake pad line under the TVS Apache brand, signaling how new product launches are contributing to the growth of the friction materials market.
- In January 2022, Wabtec Corporation, a global supplier of equipment, acquired the railway friction materials division of Masu Brakes India. This acquisition aims to reinforce Wabtec’s leading position in the railway friction sector.
- In April 2021, Carlisle Brake & Friction, based in the U.S., developed a new generation of friction material to grow its presence in the off-highway brake disc and transmission segment, with additional focus on aerospace and military applications efficiency
- In November 2020, Brembo SpA entered into an agreement to acquire 100% ownership of SBS Friction AS, a producer of sintered and organic brake pads for motorcycles. The deal, aimed at strengthening Brembo’s product portfolio, was expected to be finalized by the first quarter of 2021
