KINEX BEARINGS enters CK Birla Group
KINEX BEARINGS, a.s. is pleased to announce that on 15th of January 2020, we have successfully entered CK Birla Group by joining with National Engineering Industries Ltd (NEI) - India’s leading bearings manufacturer and exporter via its daughter Swiss company NBC Global AG.
This merger with NEI enables KINEX BEARINGS to become a part of the over 2.1 billion EUR conglomerate CK Birla Group as well as to strengthen our position on the worldwide bearing market. CK Birla Group is a globally renowned group present across five continents and currently manages 24 manufacturing facilities with over 20,000 employees. The group focuses on the bearing market through NEI - manufacturing more than 200 million bearings annually in more than 1,450 sizes.
As a leading supplier of bearings, our mission has always been to keep giving better service to our global customers and this merger brings us one step closer to accomplishing this goal. Since both NEI and KINEX BEARINGS specialize in different bearing applications and products, we trust that the fusion of these companies, and the entrance of KINEX BEARINGS to the CK Birla Group, will provide our clients with a much wider product portfolio availability, more efficient production capabilities and stronger territorial support.
About KINEX BEARINGS, a.s.
KINEX BEARINGS, a.s. is an important global supplier of standard and special rolling bearings for various industrial applications with reach to over 80 countries. The company has experience of more than 100 years in engineering and bearing production and employs of over 1,000 employees. It specializes in the production of special bearings for the railway and textile industry, special automotive water pump bearings, industrial segments and also brings solutions for the aerospace. The company is based in Slovakia where it produces its high range of portfolio in two production plants (Bytča and Kysucké Nové Mesto). www.kinex.sk
About NEI (National Engineering Industries Ltd)
Founded in 1946 and headquartered in Jaipur, National Engineering Industries Ltd (NEI) is renowned for excellence in quality and delivery. Bearing production of NEI reaches all across India and 30 other countries across five continents. With an employee strength of over 2,800 and four manufacturing plants in Jaipur, Newai (Rajasthan), Manesar (Haryana) and Savli (Gujarat), NEI is equipped with global manufacturing and process technology and one of the best R&D centers in the country. www.nbcbearings.com