MILAN (Reuters) - Brembo will invest about 40 million euros to open its first production site in Thailand, confirming the group's growth strategy in Southeast Asia.

The new site will make braking systems for motorcycle manufacturers in the territory, starting with European and American manufacturers, and will employ about 150 people when fully operational. It will be operational in the first quarter of 2025, says a note.

(Claudia Cristoferim editing Francesca Piscioneri)