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Leicester Bearings acquires Mercury Power Transmission

Posted on 03 Jun 2024. Edited by: John Hunter. Read 1024 times.
Leicester Bearings acquires Mercury Power TransmissionLeicester Bearings Ltd, a leading specialist in the supply and distribution of engineering components, consumables and associated mechanical services, has acquired Leicester-based Mercury Power Transmission Ltd, a prominent player in the bearings, power transmission and fabrication industry.

This strategic move marks a significant milestone in Leicester Bearings’ commitment to enhancing its presence and capabilities in maintaining industry, while providing benefits to the customers of both companies.The acquisition combines Leicester Bearing’s 35 years of industry expertise with Mercury Power Transmission’s 30 years of experience and knowledge, especially in the fabrication, mining and quarrying sector.

Jamie March, Leicester Bearings managing director, said: “We are excited to welcome Mercury Power Transmission into the Leicester Bearings family. The extensive knowledge and experience its employees bring are second-to-none and we are pleased to inform our customers of the additional services and expertise we can now offer. This acquisition represents a strategic investment in expanding our footprint in the supply of fabrication, engineering services and power transmission, enabling us to deliver even greater value to our customers and drive sustainable growth for our business.”

The acquisition aligns with Leicester Bearing’s long-term strategic objectives of diversifying its portfolio, strengthening its market position, and capitalising on emerging opportunities. Through this transaction, the company reinforces its commitment to innovation, excellence, and customer satisfaction.

As Leicester Bearings integrates Mercury Power Transmission into its operations, the focus will remain on ensuring a smooth transition for employees, customers, suppliers, and other partners. The company is committed to maintaining the highest standards of quality, reliability, and integrity throughout the integration process.