Every time a truck brakes on a highway or a train slows into a station, there is a good chance a Brazilian company made the pads. Fras-le has been quietly supplying the world’s friction materials for seven decades, and its largest shareholder is the same family that controls Random, one of Latin America’s biggest trailer builders. Full nameFras-le S.A. (part of Frasle Mobility) Tickers / exchangeFRAS3 / B3 (São Paulo) HeadquartersCaxias do Sul, Rio Grande do Sul, Brazil SectorConsumer Cyclical – Auto Parts Employees7,500 Market valueR$5.67 billion (US$1.11 billion) Yearly …
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