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Acquisition

5 Mar 2018 07:00

RNS Number : 6044G

Fenner PLC

05 March 2018

5 March 2018

Fenner PLC

Acquisition of National Bearings Company,Precision Polymers business in the United States

Fenner PLC is pleased to announce that, through its subsidiary Fenner Inc., it has acquired the assets and business of National Bearings Company ("National Bearings"), a small specialist manufacturer of custom engineered polymer and metal bearings. Located in the United States, it supplies a number of leading multinational industrial customers.

Mark Abrahams, CEO of Fenner PLC, commented: "This acquisition further supports our stated strategy to grow our Advanced Engineered Products ("AEP") division and in particular it will complement the product and customer portfolio of our Precision Polymers business within AEP. I am also pleased to say that the employees of National Bearings have joined Fenner's Precision Polymers business and that the President and majority shareholder Jessica May is working with us on a consultancy basis to help ensure a smooth transition."

For further information contact:

Fenner PLC
Mark Abrahams - Chief Executive Officer John Pratt - Group Finance Director	Tel: 01482 626500

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQUUUBRWAAORAR

Date		Source	Headline
2nd Mar 2012	9:20 am	RNS	Holding(s) in Company
1st Mar 2012	2:45 pm	RNS	Blocklisting Interim Review
24th Feb 2012	11:21 am	RNS	Director/PDMR Shareholding
17th Feb 2012	4:18 pm	RNS	Holding(s) in Company
16th Feb 2012	4:19 pm	RNS	Holding(s) in Company
1st Feb 2012	3:57 pm	RNS	Director/PDMR Shareholding
19th Jan 2012	3:07 pm	RNS	Result of AGM
16th Jan 2012	3:18 pm	RNS	Holding(s) in Company
11th Jan 2012	7:00 am	RNS	AGM and IMS
9th Jan 2012	2:44 pm	RNS	Holding(s) in Company
4th Jan 2012	11:32 am	RNS	Annual Information Update
8th Dec 2011	2:10 pm	RNS	Documents available for Inspection/Notice of AGM
6th Dec 2011	11:41 am	RNS	Holding(s) in Company
1st Dec 2011	7:00 am	RNS	Acquisition
30th Nov 2011	10:41 am	RNS	Total Voting Rights
24th Nov 2011	3:41 pm	RNS	Director/PDMR Shareholding
22nd Nov 2011	10:21 am	RNS	Director/PDMR Shareholding
21st Nov 2011	4:34 pm	RNS	Holding(s) in Company
18th Nov 2011	10:41 am	RNS	Director/PDMR Shareholding
15th Nov 2011	10:22 am	RNS	Additional Listing
9th Nov 2011	7:00 am	RNS	Final Results
26th Sep 2011	1:37 pm	RNS	Holding(s) in Company
19th Sep 2011	1:12 pm	RNS	Director Declaration
6th Sep 2011	7:00 am	RNS	Pre-Close Trading Update
2nd Sep 2011	9:23 am	RNS	Blocklisting Interim Review
1st Sep 2011	7:00 am	RNS	Completion of Acquisition
24th Aug 2011	12:33 pm	RNS	Holding(s) in Company
23rd Aug 2011	7:00 am	RNS	Acquisition
4th Aug 2011	3:38 pm	RNS	Director/PDMR Shareholding
18th Jul 2011	7:00 am	RNS	Interim Management Statement
4th Jul 2011	7:00 am	RNS	Acquisition
8th Jun 2011	11:37 am	RNS	Director/PDMR Shareholding
31st May 2011	9:45 am	RNS	Total Voting Rights
27th May 2011	2:23 pm	RNS	US$200 million Private Placement
4th May 2011	7:00 am	RNS	Additional Listing
28th Apr 2011	11:30 am	RNS	Acquisition
27th Apr 2011	7:00 am	RNS	Half Year Results
13th Apr 2011	3:29 pm	RNS	Holding(s) in Company
7th Mar 2011	7:00 am	RNS	Pre-Close Trading Update
2nd Mar 2011	3:15 pm	RNS	Re Board Changes
1st Mar 2011	11:35 am	RNS	Blocklisting Interim Review
28th Feb 2011	9:32 am	RNS	Total Voting Rights
24th Feb 2011	2:01 pm	RNS	Director/PDMR Shareholding
24th Feb 2011	1:53 pm	RNS	Director/PDMR Shareholding
17th Feb 2011	4:35 pm	RNS	PDMR Shareholding PSP
9th Feb 2011	10:14 am	RNS	Additional Listing
28th Jan 2011	10:00 am	RNS	Holding(s) in Company
14th Jan 2011	2:05 pm	RNS	Result of AGM
12th Jan 2011	7:00 am	RNS	AGM and IMS
10th Jan 2011	2:31 pm	RNS	Holding(s) in Company

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