Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

TEXT-NIBC Acquires German Ball Bearings Maker Gebr. Reinfurt

TEXT-NIBC Acquires German Ball Bearings Maker Gebr. Reinfurt

NIBC Capital Partners has acquired the German ball bearings manufacturer Gebr. Reinfurt GmbH Co. KG (GRW) from its current family shareholders.

GRW is a specialist manufacturer of miniature, high-precision ball bearings with a market leading position in Europe. Founded in 1942, the company is headquartered in Würzburg, Germany, and has production facilities in Germany and in Czech Republic. The company currently employs approximately 480 people and will continue to be led by the incumbent management team headed by CEO Peter Fritz. GRW will remain an independent company and a separate legal entity.

The transaction marks a seamless succession from family structures and secures a solid foundation for continued growth and international expansion. NIBC Capital Partners is excited to be embarking on this next chapter of the GRW story, further fostering the attractive business and talented workforce.

Debt financing was provided by Investkredit Bank. Advisors involved in this transaction included: Mayer Brown (legal due diligence), KPMG (finance/tax), Warth & Klein (finance/tax), Helbling (commercial), Willis (insurance).

Other News:
TEXT-NIBC Acquires German Ball Bearings Maker Gebr. Reinfurt
Metcar® Babbitt Bearing Materials for Elevated Temperatures up to 350° F
High-tech Chains for Solving Application Problems
Schaeffler's Linear Ball Bearings Have 50% Longer Life
Gear Bearing Technology Developed by NASA Can be Licensed
Huge Gear Ordered for Armenian Project
SKF Optimizes Personnel Processes With Wincor Nixdorf Self-service Solutions
Kaydon Buys Avon Bearings Corp.