GUD Holdings completes acquisition of Disc Brakes Australia

Company News

by Rachael Jones

GUD Holdings (ASX:GUD) has completed the acquisition of Disc Brakes Australia.

We first reported on the deal back in early June.

DBA forms part of the RYCO Group and will be positioned as the major independent supplier of disc brake rotors to the Australian aftermarket.

Shares in GUD Holdings (ASX:GUD) down 0.49 per cent to $14.09