2021-09-18
http://w3.windfair.net/wind-energy/pr/36301-bruel-kjaer-vibro-spectris-nsk-sale-acquisition-technology-motion-control-japan-bearings-condition-monitoring-market-opportunity-cms-platform

News Release from Brüel & Kjær Vibro GmbH

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Wind Industry Profile of


NSK acquires B&K Vibro

On December 10th 2020, Spectris reached an agreement to sell its Brüel & Kjær Vibro business to NSK, for a headline value of €180 million. The transaction is in line with Spectris’ strategy to simplify and focus its portfolio.

Image: PixabayImage: Pixabay

NSK is a global organisation researching, designing, and manufacturing Motion & Control solutions essential for mobility and industrial applications. Founded in Japan in 1916 as a manufacturer of ball NSK bearings, NSK is today the top supplier of bearings in Japan and is the third largest supplier in the world by market share. NSK have a portfolio of products and technologies that enhance automotive performance and industrial productivity whilst reducing energy consumption to unprecedented low levels. In the early 1960s NSK initiated a strategy to expand outside Japan, and now employ over 30,000 people in more than 200 business locations across 30 countries, alongside a vast network of joint ventures and partnerships, in all corners of the world.

As part of their long-term strategic plan, NSK identified the market need and opportunity for Condition Monitoring. NSK established a Condition Monitoring System Development Center in April 2019 to help customers manage the health of their equipment machinery. To accelerate this initiative to become a global leader in Condition Monitoring, NSK decided to acquire B&K Vibro.

Comment from Toshihiro Uchiyama, NSK Ltd. President and CEO: "With B&K Vibro becoming part of our company, we will be able to enhance our CMS business platform and aim for further growth in the rapidly growing CMS market."

Comment from Marcel Van Helten, Brüel & Kjær Vibro CEO: "We are truly honoured to become a part of NSK, a company which set out to become a leader in condition monitoring. The synergies between our companies are evident, and with the combination of the talent and the knowledge residing within our companies, we will be able to deliver innovation solutions to our customers"

For further details, please visit www.spectris.com

Source:
B&K Vibro
Author:
Press Office
Link:
www.bkvibro.com/...
Keywords:
Brüel & Kjær Vibro, Spectris, NSK, sale, acquisition, technology, motion, control, Japan, bearings, Condition Monitoring, market, opportunity, CMS, platform



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