BRAKE manufacturer and Matt Stone Racing Supercars major sponsor Bendix has doubled down on assurances that it will soldier on.

It comes as news broke this week that its parent company FMP Group (Australia) Pty Limited has entered voluntary administration.

“FMP Group (Australia), the company behind leading brake solutions manufacturer, Bendix, will shortly provide details of its new owners,” read a statement released today.

“The change of ownership will see FMP Group extracted from the First Brands Group, allowing it to continue operating independently in Australia and New Zealand, further strengthening Bendix’s ongoing growth and product diversification in these markets.

“FMP Group Vice President Asia Pacific, George Kyriakopoulos, and his senior executive team is leading operations.

“Vehicle owners and trade partners are advised that supply of Bendix products will not be affected.

“The company’s engineering and design centre and manufacturing facilities in Ballarat, Victoria, will also continue to operate unchanged.

“For Bendix it’s business as usual, with more information to come when the new ownership is finalised.”

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