PRESS RELEASE
Schaeffler acquires BEGA International B.V.
The acquisition expands Schaeffler's range of mounting and dismounting products for rolling bearings
100 % stake acquired through share purchase agreement signed on 28 July 2021
Important step in the expansion of Schaeffler's service activities as part of its "Roadmap 2025" strategy
SCHWEINFURT | 30 July, 2021 | Schaeffler has acquired BEGA International B.V. (Bega), a leading manufacturer of special tools for the assembly and disassembly of rolling bearings. The acquisition marks another step in the expansion of Schaeffler's lifecycle service portfolio. Access to the IIoT platform created for Schaeffler's OPTIME condition monitoring solution also opens up new opportunities for Bega's intelligent maintenance tools. Customers will also benefit. They will have a common user interface for all touchpoints, which will contribute to a seamless user experience throughout the entire lifecycle of rolling bearings, from installation to monitoring and maintenance, through to repair. Customers and partners will be able to source solutions and services for rolling bearing maintenance and monitoring from a single supplier and will benefit from more streamlined access to a range of maintenance and repair solutions.
"The idea behind our strategically important Industry 4.0 business is to be the partner of choice for predictive and prescriptive maintenance solutions. By partnering with Bega, we can offer our customers high-quality total lifecycle services and solutions for bearings and other driveline components," said Rauli Hantikainen, head of Schaeffler's Industry 4.0 strategic business field.
"Thanks to this new partnership, Schaeffler and Bega will be among the leaders in maintenance solutions," said Henk van Essen, who is Bega's current CEO and will continue in this role in the future. "We also want to be the most innovative supplier of maintenance instruments."
About BEGA International B.V.
Bega, founded in 1978, is a manufacturer and distributor of BETEX ®special tools for mounting and dismounting rolling bearings and other drive components. The tools are used in the production and maintenance departments of MRO and OEM companies. Bega exports to more than 60 countries and provides customised solutions to a wide range of industries, including wind turbine, rail, mining and steel industries.
Expansion of service activities under the "Roadmap 2025" strategy
Schaeffler is constantly developing its offering and becoming more innovative, agile and efficient in order to remain the technology partner of choice for its customers. In doing so, it is guided by its new strategic framework, the Roadmap 2025. As part of its new strategic direction, the company continues to work on expanding its portfolio of products and services for the asset life cycle.
Contact:
Carol Poelma
Director communications
Bega Special Tools
Netherlands
+31 578 668000
c.poelma@schaeffler.com