Takeover by Yamaha is part of Brose's realignment
Brose announced on Monday that it is divesting its e-bike drive business. According to the press release from the Coburg-based family business, Yamaha Motor Co., Ltd. will take over this division.
If the antitrust authorities give their approval, Brose's e-bike drive and systems business will become part of Yamaha's Motor eBike Systems GmbH, according to the press release.
According to Brose, the sale is part of the strategic realignment of the long-established automotive supplier. According to Brose, this realignment is linked to a focus on the core business.