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Image header Agence Europe
Europe Daily Bulletin No. 9396
Contents Publication in full By article 19 / 27
GENERAL NEWS / (eu) eu/competition

Commission approves proposed acquisition of French bearings producer SNR by NTN of Japan

Brussels, 28/03/2007 (Agence Europe) - On Wednesday 28 March the European Commission cleared the proposed acquisition of the French company SNR, a producer of bearings, by NTN of Japan. SNR is a 100% subsidiary of car manufacturer Renault, active in the manufacture and supply of bearings for industrial, aeronautical and automotive applications, mainly for the European market. SNR sells its bearings to both original equipment manufacturers (OEMs) and independent after markets. The...

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