{"id":646849,"date":"2026-10-31T11:46:25","date_gmt":"2026-10-31T11:46:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/646849\/"},"modified":"2026-10-31T11:46:25","modified_gmt":"2026-10-31T11:46:25","slug":"bendix-makes-statement-as-ownership-change-looms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/646849\/","title":{"rendered":"Bendix makes statement as ownership change looms"},"content":{"rendered":"<p class=\"wp-block-paragraph\">BRAKE manufacturer and Matt Stone Racing Supercars major sponsor Bendix has doubled down on assurances that it will soldier on.<\/p>\n<p class=\"wp-block-paragraph\">It comes as news broke this week that <a href=\"https:\/\/www.v8sleuth.com.au\/msr-sponsor-downplays-entering-administration\/\" rel=\"nofollow noopener\" target=\"_blank\">its parent company FMP Group (Australia) Pty Limited has entered voluntary administration<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">\u201cFMP Group (Australia), the company behind leading brake solutions manufacturer, Bendix, will shortly provide details of its new owners,\u201d read a statement released today.<\/p>\n<p class=\"wp-block-paragraph\">\u201cThe 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\u2019s ongoing growth and product diversification in these markets.<\/p>\n<p><a href=\"https:\/\/superstore.v8sleuth.com.au\/products\/1-18-scale-2025-albert-park-10-chevrolet-camaro-nick-percat-model?utm_source=website&amp;utm_medium=referral&amp;utm_campaign=buy-button&amp;utm_content=buy-button\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/10\/1793447185_926_ACD18C25F_5f74ceb8-fc80-4b7f-95ba-907194dbeb2d.jpg\"\/><\/a><\/p>\n<p class=\"wp-block-paragraph\">\u201cFMP Group Vice President Asia Pacific, George Kyriakopoulos, and his senior executive team is leading operations.<\/p>\n<p class=\"wp-block-paragraph\">\u201cVehicle owners and trade partners are advised that supply of Bendix products will not be affected.<\/p>\n<p class=\"wp-block-paragraph\">\u201cThe company\u2019s engineering and design centre and manufacturing facilities in Ballarat, Victoria, will also continue to operate unchanged.<\/p>\n<p class=\"wp-block-paragraph\">\u201cFor Bendix it\u2019s business as usual, with more information to come when the new ownership is finalised.\u201d<\/p>\n<p>Supercars Finals &amp; Team Orders | The Undercut<\/p>\n<p>THE Supercars Finals have landed for 2026, leaving plenty to unpack in this week\u2019s episode of The Undercut!<\/p>\n","protected":false},"excerpt":{"rendered":"BRAKE manufacturer and Matt Stone Racing Supercars major sponsor Bendix has doubled down on assurances that it will&hellip;\n","protected":false},"author":2,"featured_media":646850,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":["post-646849","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/646849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=646849"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/646849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/646850"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=646849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=646849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=646849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}