Germany-based brake disc pads and drum brake linings for both passenger and commercial vehicles producer.

TMD Friction was formed by the Management Buyout of BBA Group plc’s automotive brake friction business. 

In August 2001, TMD Friction acquired the automotive friction business of Rutgers AG, consolidating its leading position in its main European markets and China, whilst at the same time establishing an important presence in key emerging markets in Brazil and Mexico.

Montagu exited the business in 2006 when the business was sold to a consortium of banks.

Deal details


Year of entry

2000


Year of exit

2006


Country

Germany


Status

Realised


Value

€776 million


Industry Sector

Essential Services

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