# Miba and Zollern launch joint venture in bearings segment

Miba and Zollern launched a joint venture in the bearings segment on October 1, 2019. Miba holds 74.9% and contributes five engine bearing plants; Zollern contributes one engine bearing and two industrial bearing plants.

- Type: Partnership
- Announced: 2019-10-01
- Where: Laakirchen, Austria, Austria
- Status: completed
- Products: engine bearings, industrial bearings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Miba AG](https://endata.com/companies/1421.md) (partner)
- [Zollern](https://endata.com/companies/19462.md) (partner)

## Sources

- [miba.com](https://www.miba.com/en/news/article/miba-and-zollern-launch-joint-venture-in-bearings-segment), 2019-10-01: "Combing strengths creates advantages in global competition."

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