News


BI plans strategic acquisitions, new products and services for 2021

February 2021 News

“The current economic situation might offer excellent opportunities for acquisitions within our field of operation,” comments Bearings International (BI) managing director, Bart Schoevaerts. This comes off the back of increased collaboration within the Hudaco Group, of which BI is a part. Plans for next year also include expanding and optimising BI’s branch and franchise network across Africa.

Looking at recent developments, BI has focused on its motor strategy, announcing a new partnership agreement that will see it distributing IE2 and IE3 motors from ABB in 2021. IInitial stocks arrived in December 2020, with more to follow this year. “We are incredibly excited about the future of this partnership and look forward to offering the market a premium brand motor of choice,” highlights Schoevaerts.

Also introduced in 2020, the CRAFT range of bearings has been well accepted by the market and will be added to in 2021. On the power transmission side, BI will add a heavy-duty v-belt to its offering. “There are a few other products and services we plan to launch in 2021, so watch this space,” adds Schoevaerts. “We are looking at developing a total online customer experience, in addition to further digitalisation. This focus has emerged from the learning curve of the Covid-19 pandemic, which highlighted the need to automate and introduce more paperless processes.

“The IT skills of our employees are crucial, so we will invest more in training and development in this regard. Customer and supplier contact is equally important, and therefore we will give this even more attention going forward. We shall evaluate and embrace new technologies continuously and not wait until a situation forces us to do so.”

The main challenges facing the distribution sector in South Africa at present are product supply, logistics capacity and a hesitancy to enter into long-term commitments. What gives BI the edge in such a tough trading environment are the resilience and willingness of its staff to embrace change, and its existing long-standing relationships with both customers and suppliers.

In terms of the future, Schoevaerts concludes: “I am confident that we have learned a lot, and will continue to make changes to become more resilient against future crises. I would like to thank our customers and employees for their continuous support and trust in the BI brand.”

For more information contact Bearings International, +27 11 899 0000, info@bearings.co.za, www.bearings.co.za




Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

From the editor's desk: Is additive manufacturing poised to go mainstream?
March 2021, Technews Publishing (SA Instrumentation & Control) , News
As digital manufacturing technology pushes its way further towards the production floor, additive manufacturing (3D printing) is emerging as a viable option to complement the more traditional methods ...

Read more...
A new generation of sensors for liquid analysis
May 2021, Endress+Hauser South Africa , News
Endress+Hauser introduces the next generation of Memosens digital technology for simple, safe and connected liquid analysis.

Read more...
Siemens and Google Cloud to co-operate on AI-based solutions in manufacturing
June 2021, Siemens Digital Industries , News
Siemens intends to integrate Google Cloud’s data cloud and artificial intelligence/machine learning technologies with its factory automation solutions to help manufacturers innovate for the future.

Read more...
BMG hydraulic solutions for all sectors in KZN
June 2021, Bearing Man Group t/a BMG , News
BMG’s Regional Service Centre in KwaZulu-Natal provides engineering solutions designed to optimise productivity for all customers.

Read more...
Rockwell Automation and Comau partner to simplify robot integration
June 2021, Rockwell Automation , News
Rockwell Automation and Comau have announced that they are joining forces to give businesses worldwide vital tools to maximise manufacturing efficiencies through unified robot control solutions.

Read more...
GirlCode and RS inspire the next generation of female coders
June 2021, RS Components SA , News
More than 50 female learners and their teachers were recently invited to attend a day of inspiration, technology and fun.

Read more...
Endress+Hauser holds its ground despite the pandemic
June 2021, Endress+Hauser South Africa , News
Endress+Hauser weathered the 2020 pandemic year well. The Group created new jobs and expanded its global sales and production network.

Read more...
Africa’s most advanced perlite facility
June 2021 , News
Percolite producer Pratley has a dedicated, state-of-the-art filter aid production facility that represents the most advanced plant on the continent.

Read more...
Optimising buildings for low-occupancy
June 2021, Schneider Electric South Africa , News
For building managers, facilities managers, owners and operators, having buildings at low or zero occupancy for extended periods of time, means a significant change in operating requirements and a need to adjust building systems accordingly.

Read more...
Hitachi ABB Power Grids launches EconiQ
June 2021 , News
The EconiQ portfolio of products, services and solutions contributes towards a carbon-neutral future and accelerates the green energy transition

Read more...