# Fersa Bearings signs supply agreement with Daimler for commercial vehicle axles

Fersa Bearings signed an agreement with Daimler to become official supplier of bearings for commercial vehicle axles to the Mercedes-Benz plant in Kassel. Fersa is investing over EUR 4 million in its Zaragoza plant for a new automated production line.

- Type: Contract
- Announced: 2019-03-19
- Where: Zaragoza, Spain
- Value: $4.50M (4.00M EUR)
- Status: completed
- Capacity: 20 percent increase in factory capacity
- Products: bearings for commercial vehicle axles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Daimler](https://endata.com/companies/3543.md) (customer)
- [Fersa Bearings](https://endata.com/companies/4722.md) (supplier)

## Sources

- [bearing-news.com](https://www.bearing-news.com/daimler-germany-chooses-fersa-bearings-as-its-official-supplier/), 2019-03-19: "Fersa will be the official bearing supplier for commercial vehicle axles to the Mercedes-Benz plant in Kassel."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.