NEI acquires Kinex Bearings

National Engineering Industries Ltd (NEI), part of the CK Birla Group, acquired Slovakia-based automotive bearing manufacturer Kinex Bearings, including two production plants, for an undisclosed amount.

“The Kinex acquisition equips NEI to enhance its scale and further diversify its portfolio with a much stronger position to provide best-in-class products to both new and existing customers.”livemint.com

• 1 source
• livemint.comCK Birla Group’s NEI acquires Kinex BearingsMalyaban GhoshJan 15, 2020

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