Saint-Gobain announces tolerance ring acquisition
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Saint-Gobain Performance Plastics product story
Edited by the Engineeringtalk editorial team
May 2, 2008
Rencol Tolerance Rings will be integrated into the Bearing Business Unit and change its name to Saint-Gobain Performance Plastics Rencol.
Saint-Gobain Performance Plastics has acquired Rencol Tolerance Rings, a UK-based subsidiary of Eriks, for GBP 12.5 million.
The arrangement includes the company's activities in Bristol and Japan and a 51% controlling interest in Rencol MMI Technology in Singapore.
Saint-Gobain has over 200,000 employees around the world, of which over 20,000 are in the UK and Ireland.
As a wholly-owned subsidiary of Saint-Gobain Performance Plastics, the company will be integrated into the Bearing Business Unit and change its name to Saint-Gobain Performance Plastics Rencol.
Jim Smith, Managing Director, will report to Marc Aerts, General Manager Bearings.
Saint-Gobain Performance Plastics Rencol is a manufacturer and supplier of bespoke fastening solutions, with a global client base including major blue-chip companies in the automotive, white goods and electric motor industries.
The company has approximately 120 employees and, in 2007, achieved a turnover of around GBP11.3 million.
Rencol tolerance rings solve many of the engineering problems associated with temperature, vibration and torque control between shafts and housings.
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Contact Saint-Gobain Performance Plastics
Tel +32 34 50 76 01
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