French firm SNR Bearings will change its name to NTN-SNR Bearings from July 2010.
The news comes after NTN Corporation increased its share of capital in SNR Bearings to 80% three years after the two companies merged.
In a statement, the company said it had succeeded in:
- unifying their sales networks and techniques
- improving their trading positions during the financial crisis
- developing technical exchanges and synergies for investment projects in the automotive, industrial and aeronautic markets