GUD Holdings completes acquisition of Disc Brakes Australia

Company News

by Rachael Jones

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Last Updated: 19/06/2019 3:26 PM

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

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.