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Schaeffler signed a contract to acquire CERASPIN, a Luxembourg-based specialist in ceramic components for rolling bearings, from the CERATIZIT Group. The acquisition strengthens Schaeffler's industrial division's capabilities in ceramic solutions.
“In acquiring CERASPIN, we are strengthening our supply chain, especially in Europe, while at the same time building up a strong position in high-value components for strategically important growth sectors.”schaeffler.com
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