U.S. Bearing Manufacturer Acquires European Company
New Hampshire Ball Bearings (NHBB), a bearing supplier and subsidiary of Minebea Co. Ltd., acquired all of the shares of CEROBEAR GmbH, a manufacturer of bearings featuring technologically advanced ceramics. The acquisition provides competitive advantages to both companies. CEROBEAR gains access to the global manufacturing and marketing resources of NHBB and Minebea, and NHBB is now able to assist its aerospace customers with the adoption of ceramic bearing technology in a wider range of aircraft applications. Ceramic and hybrid ceramic bearing technology is gaining wider acceptance with aircraft and engine manufacturers.