# Fersa Group acquires majority stake in Delux Bearings

Spanish bearings maker Fersa Group has acquired a majority stake in Indian company Delux Bearings Private Limited, a manufacturer of bearings and electromechanical components for machinery and commercial vehicles.

- Type: Acquisition
- Announced: 2023-01-09
- Where: Mumbai, India
- Status: completed
- Products: bearings, electromechanical components
- 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)
- [Delux Bearings](https://endata.com/companies/67746.md) (target)

## Sources

- [fersa.com](https://www.fersa.com/en/news/delux-fersagroupen-en/), 2023-01-09: "With this investment, Fersa Group takes another step forward in its growth strategy, its commitment to sustainable technology and global presence."
- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/spains-fersa-group-picks-up-major-stake-in-delux-bearings-to-expand-global-reach-portfolio/96860795), 2023-01-09: "The Spanish MNC picks up a majority stake in the Mumbai-based bearings maker in a bid to strengthen its global presence, expand portfolio, and to reach a turnover of over EUR 200 million in 2023."
- [bearingreview.com](https://www.bearingreview.com/fersa-acquires-majority-stake-in-delux-bearings-in-india/), 2023-01-11: "Fersa Group becomes the major investor in Delux Bearings, while the Indian company, dedicated to the manufacture of bearings and electromechanical actuators for all light, heavy commercial and passenger vehicles, maintains its independence under the management of the Rathod family."

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