NTN and SNR declare merger a success

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

Published by emmabutcher

Emma has been CAT's editor since January 2008. There isn't much she doesn't know about the aftermarket - and her favourite topic is definitely BER!

CMA: UNIVERSAL COMPONENTS MUST SELL CV FACTOR BUSINESS

Competition and Markets Authority rules that Universal Components must sell 3G Truck and Trailer Parts

Read More

IGA PRODUCES NEW CORONAVIRUS GARAGE GUIDE

Guidance for garages produced in electronic booklet

Read More

RISING MATERIAL PRICES ‘HERE FOR THE LONG TERM’ WARNS PRODUCER

Increase in prices of finished parts ‘unavoidable’ as platinum group metal prices soar

Read More

ROW OVER 5w30 OIL RECALL

Mannol oil relabelled following conflicting standards claims

Read More

IAAF ‘HOPEFUL’ ON BREXIT, BUT WARNS OF IMPORT TARIFFS

“Much work to be done” around Rules of Origin says Federation boss

Read More

Go to comments

Your email address will not be published. Required fields are marked *