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Words: 42,528 | Submitted: Sun Nov 11 2007
... engaged in the manufacture and supply of brake systems and technologies to automotive manufacturers in Australia, North America, Europe and Asia. Pacifica listed on the Australian Stock Exchange as Pacific BBA in 1989 as a manufacturer of brake and clutch systems and components, industrial plastics and textiles. In 2001, in order to concentrate on those areas in which the company had strategic and sustainable competitive advantage, Pacifica announced its intention to transform from a diversified industrial into an automotive technology company. As a result, almost all activities other than those based on superior automotive technology have now been divested. On May 1, 2006, Pacifica Group Limited sold its interests in Melwire Pty Ltd and Mounts Wire Industries Ltd, thereby completing the divestment of its Construction Products division. In late November 2006, a Germany Company, Robert Bosch, take over Pacifica. The Company also manufactures and sells friction materials for automotive applications. ...
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