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CeramicSpeed acquires Friction Facts

Published November 17, 2016

HOLSTEBRO, Denmark (BRAIN) — Danish high-end component and bearing manufacturer CeramicSpeed has acquired Friction Facts, a Boulder, Colorado-based testing lab.

Friction Facts, founded by engineer Jason Smith, has conducted lab tests on chain and drivetrain friction and the effects of various chain lubes on friction. The company has sold the reports to individual consumers and to several bike magazines and websites. The lab will remain in Boulder and focus on product development for CeramicSpeed; Friction Facts will also continue to do testing of other products, Smith told BRAIN. He will now serve as CeramicSpeed's new chief technology officer.

Last year, CeramicSpeed bought Friction Facts' low-friction chain treatment business

Martin Banke, the managing director of CeramicSpeed, said, "By bringing Friction Facts into the team, CeramicSpeed expands its very own in-house development and test lab, which comes as a natural fit with our goals and mission. This acquisition not only strengthens our commitment to providing the world's fastest bearings, chains, and drivetrain components but also supports our efforts to continuously refine high-quality products driven by data, innovation and expertise. The lab will dramatically streamline our development cycle by allowing us to test the efficiency of prototypes immediately after they are pulled from the 3D printers."

Smith said, "I am truly excited about the future with CeramicSpeed. I look forward to bringing my knowledge of drivetrain efficiency and design to a very progressive team dedicated to creating the highest-quality and fastest performing products on the market."


Jason Smith (left) and Martin Banke.
Topics associated with this article: Mergers, Acquisitions & Investments

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