Öh­lins sell-out

MCN - - THIS WEEK -

The founder of sus­pen­sion mega-brand Öh­lins, Kenth Öh­lin, has an­nounced the sale of a ma­jor­ity share of the com­pany to Ten­neco, a long-term part­ner of the busi­ness. The com­pany will now be a sub­sidiary of Ten­neco (best known for Mon­roe au­to­mo­tive shocks), of­fer­ing them a pre­mium brand that al­lows rapid ex­pan­sion into new mar­kets on two wheels and four, and bol­ster­ing their 90-mil­lion-unit au­to­mo­tive shock pro­duc­tion.

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