NSK and B&K Vibro: Expansion of CMS offering will strengthen industrial business
In his online address, Saimon Nogami, Senior Executive Vice President of NSK Ltd., explained the goals that NSK is pursuing with the integration: "With the acquisition of B&K Vibro we expand our expertise and gain the opportunity to grow the company’s industrial business with advanced condition monitoring services. This is in line with our strategy of offering not only very high-quality motion components, but complete system solutions and services." The ultimate aim is for customers to see an improvement in the productivity of machines and the quality of products, thus coming closer to the concept of the "smart shop floor".
B&K Vibro, in turn, will gain significantly improved market access to various industrial sectors as a result of the takeover. After all, NSK is one of the three largest bearing manufacturers in the world, and the condition monitoring of rotational machinery and systems is one of B&K Vibro’s core competencies. Marcel Van Helten, CEO and President of B&K Vibro, said: "This is a very exciting day for our company; we are delighted to become part of NSK.”
From the perspective of Dr Ulrich Nass, Vice President of NSK Ltd. and CEO of NSK Europe, the acquisition will enable NSK to become a leading provider of CMS solutions: "We will use B&K Vibro’s expertise and reputation to help implement successful projects for our customers worldwide and provide them with CMS solutions of high added value."
In the coming weeks, management teams from NSK and B&K Vibro will develop a concrete roadmap for implementing this strategy.
NSK Europe Ltd. is the European organisation of the Tokyo-based bearing manufacturer NSK, which was founded in Japan in 1916 and today employs nearly 31,000 people in its worldwide operations. The products and solutions provided by the industrial and automotive supplier can be found wherever things move. In addition to nearly all types of rolling bearings, the company’s portfolio includes housed bearings, linear technology, wheel bearing units, transmission and engine bearings and steering systems. The company is oriented to perfection in all of its business activities. Its aim is quality leadership in its industry, which it strives for through a continuous process of improvement, excellent product development, optimised production processes and customer-oriented service processes. In fiscal year 2019, the more than 4,400 employees of NSK Europe Ltd. generated sales of over € 920 million.
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