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!

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