Schaeffler acquires BEGA International B.V.

On August 4, 2021, Schaeffler announced the acquisition of BEGA International B.V., a leading manufacturer of special tools for mounting and dismounting rolling bearings.

This acquisition is another important move for Schaeffler to continuously expand its bearing service product portfolio throughout its life cycle.

Connecting BEGA’s intelligent maintenance tools to the industrial IoT platform dedicated to the Schaeffler OPTIME condition monitoring system can open up new application potential.

Customers will also benefit from this acquisition. All customer service-related applications will adopt a unified interface, which improves the user experience throughout the bearing life cycle, including bearing installation to monitoring, maintenance and repair.

In addition, customers and partners can not only obtain one-stop bearing maintenance and monitoring solutions and services, but also obtain various repair and maintenance solutions more conveniently.

Rauli Hantikainen, Head of Industry 4.0 Strategy Business of Schaeffler Group, said: “Industry 4.0 is of great strategic significance to Schaeffler. Our goal is to become the partner of choice for preventive and proactive maintenance solutions. Through the acquisition of BEGA Company, we can provide customers with full life cycle services and solutions for bearings and other drive products.”

Henk Van Essen, the current CEO of BEGA International, said: “Through this partnership, Schaeffler and BEGA will become one of the industry’s leading maintenance solution providers. At the same time, our goal is to become one of the most innovative equipment suppliers.” Henk Van Essen will continue to serve as the company’s CEO after the acquisition.

Schaeffler continues to expand its product portfolio and is committed to becoming the customer’s preferred technology partner through innovation, agility and efficiency.

As part of the company’s strategic direction, Schaeffler is actively expanding its asset lifecycle management products and services. Schaeffler will continue to advance toward its goals under the guidance of the “2025 Strategic Plan”.

About BEGA International

BEGA was founded in 1978 and is headquartered in Wassen, the Netherlands. It is a professional company that manufactures and distributes bearing and drive component installation and removal tools.

BEGA’s users are mainly the production and maintenance departments of MRO and OEM companies. BEGA’s products are exported to more than 60 countries and provide customized solutions for many industries such as wind energy, railways, mining and steel.

BEAG’s induction heater can reduce energy consumption during the bearing installation and disassembly process, and shorten the installation time. Induction heating does not require fossil fuels such as oil and gas, which is environmentally friendly and safe.