# Fersa Group acquires 100% of PFI Bearings

Fersa Group purchased 100% of PFI Group, Inc., parent company of Perfect Fit Industries (PFI Bearings), to strengthen its global distribution in the light automotive aftermarket and diversify product range. The acquisition ceremony took place on 14 February 2022.

- Type: Acquisition
- Announced: 2022-03-16
- Where: Florida, USA, United States
- Status: completed
- Products: bearings for automotive, industrial, wind power, and agricultural sectors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fersa Group](https://endata.com/companies/61801.md) (acquirer)
- [PFI Group, Inc.](https://endata.com/companies/61802.md) (target)

## Sources

- [fersa.com](https://www.fersa.com/pl/news/fersa-bearings-acquires-100-percent-of-pfi-bearings/), 2022-03-23: "With this acquisition, Fersa Group completes an operation that deepens its strategy of diversifying and increasing its international presence with its own subsidiaries."
- [aftermarketinsight.spglobal.com](https://aftermarketinsight.spglobal.com/news/697/fersa-acquires-pfi-group-inc), 2022-03-24: "Spanish bearings manufacturer, Fersa Group, has announced the acquisition of 100% of the capital of the North American company PFI Group, Inc via a press release dated 16 March."

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