Distributors News Archive

D2 Sponsors Charity Drive

D2 Group are getting behind a charity drive in aid of Marie Curie. We are sponsoring local company, PS Autos who will be taking a fleet of cars from the UK to Benidorm and back this month. “We were delighted to be able to help out the...

Japanese expertise in South America

For Brazilian distributor CYH,bearings roll through their veins and we spoke to Hiro Wai to find out more about their family business. It all started back in the early 50s, when the grandfather of Hiro Wai, General Manager of CYH, emigrated from Japan to Brazil, with his family....

From part-time Bookkeeper to President & CFO of an international company

The bearing market has changed considerably in 40 years in the United States of America. None more so than bearing distributor MMB Bearings based in North Carolina, founded in a flourishing market in the 1970’s. MMB Bearings is shaping the bearing industry in the USA with CFO Barbara Zayatz at...

Axel Johnson International acquires Polish sealing specialist, Passerotti, from ERIKS

Axel Johnson International’s Industrial Solutions business group has acquired Passerotti sp. z.o.o., a Polish niche distributor of technical seals, from the industrial service provider ERIKS. With eight locations in Poland, Passerotti is a significant player in the Polish market with about 11,000 customers present in both MRO and...

Megadyne Group Acquisition Announcement

Megadyne is pleased to announce a new important acquisition. Megadyne SpA, a Turin-based company controlled by Partners Group and the Tadolini Family, a world leader in power transmission belts and conveying system, is proud to announce the acquisition of the CHALLENGE GROUP having locations in UK, Ireland,...

NOMO ENTERS THE NORWEGIAN BEARING AND POWER TRANSMISSION MARKET

Nomo acquires the Norwegian bearing and power transmission specialist Rotek AS. By this acquisition, Nomo enters the Norwegian market for mechanical power transmission products and services. “The establishment in Norway has been a strategic objective for many years,” says Mattias Jaginder, CEO of Nomo. “By acquiring Rotek...

AESSEAL Records Significant Sales Increase

Rotherham-based engineering firm continues to invest for growth AESSEAL, one of Britain’s most valuable engineering businesses, has reported a significant 12.5 per cent rise in sales in 2017, as it benefitted from the weakness of the pound. The Rotherham-based company designs and makes seals for a wide...

Axel Johnson International acquires Dutch mechanical power transmission company

Axel Johnson International’s Industrial Solutions business group is increasing its market presence in the Netherlands through the acquisition of MAK Aandrijvingen B.V., effective May 2. MAK, located in Lelystad, provides power transmission solutions including chains, belts, motors and reducers to OEM customers. “As a value-adding distributor for...

ERIKS to create 120 jobs at Prime Point

ERIKS, Europe’s largest industrial services company, is to open a purpose-built hub at Prime Point on the Pensnett Estate in Kingswinford., Estate owners London and Cambridge Properties has announced the addition to the multi-million pound speculative industrial and warehouse development. The company, which has its UK head...

CRAFT bearings team has a new beast!

After an astounding 12th place finishes at the 2018 Dakar Rally, Antanas Juknevicius and CRAFT bearings Dakar Rally team has made a move to a new racecar! The new Hilux, produced by Overdrive back in 2016, has an independent rear suspension, kevlar body and has done only...