- Fersa Bearings based in Zaragoza, Spain acquires a 49 percent stake in Austrian bearings manufacturer NKE Austria GmbH
- European cooperation to become stronger strategic suppliers and create synergies for more customer benefits
Fersa Bearings based in Zaragoza, Spain acquires a 49 percent stake in Austrian bearings manufacturer NKE Austria GmbH. Both manufacturers combine their strengths and competences to become even stronger strategic suppliers of bearings for global OEMs and distributors in their market segments, with NKE as a premium alternative for the industrial market sector, and Fersa in the automotive market sector.
Both bearing companies complement each other and combine know-how in manufacturing and distribution of bearings for many years. Through this new partnership, the Spanish multinational company together with the Austrian bearing manufacturer will now have three state-of-the-art production facilities, five distribution centers as well as three R&D centers.
Both brands operate independently. Goal of this European cooperation is to offer customers more possibilities and solutions, and the generation of synergies to ensure common business development and growth.
About Fersa Bearings:
Fersa Bearings is a Spanish multinational company that designs, manufactures and distributes complete bearing solutions for the automotive industry worldwide. Founded in 1968, Fersa equips the world´s leading manufacturers of commercial and off-highway vehicles as well as light vehicles with precision bearings for axles, gearboxes and wheels ends. Fersa counts with two production sites, four distribution centres and two R&D centers and exports to more than 85 countries.
NKE Austria GmbH is a bearing manufacturer with headquarters in. The company was founded in 1996 by a group of senior staff members of former company Steyr Wälzlager. NKE offers both standard and special bearings for all industrial applications. Engineering, product development, production and final processing of components, assembly, quality assurance, logistics, and sales and marketing are centralised at its Steyr headquarters. The factory in Steyr is certified to ISO 9001:2008, ISO 14001:2004 and OHSAS 18001. NKE’s products are distributed through 15 international representative offices and more than 240 distribution outlets in over 60 countries.