Santander Small Caps España, FI managed by Santander Asset Management, S.A., S.G.I.I.C. acquired a 5% stake in NBI Bearings Europe, S.A..
May 17, 2018
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Santander Small Caps España, FI managed by Santander Asset Management, S.A., S.G.I.I.C. acquired a 5% stake in NBI Bearings Europe, S.A. (BME:NBI) on May 18, 2018.
Santander Small Caps España, FI managed by Santander Asset Management, S.A., S.G.I.I.C. completed the acquisition of a 5% stake in NBI Bearings Europe, S.A. (BME:NBI) on May 18, 2018.
NBI Bearings Europe SA is a Spain-based company engaged in the bearings production. The Company focuses on the design, development and manufacture of ball and roller bearings for various applications, such as cranes and offshore machinery; gear boxes; industrial machinery; agricultural equipment; tubular stranders, as well as pulleys and shear blocks. The Company's products range includes single row ball bearings; cylindrical, tapered, spherical and needle roller bearings; support rollers; cam followers, as well as cylindrical and spherical roller thrust bearings. In addition, it provides advisory related to bearing selection and dimensions; technical assistance; as well as tailor-made design, among others. The Company is controlled by Pakel Rmi Promocion de Empresas SL.
NBI BEARINGS EUROPE, S.A. 
