Leicester Bearings, a renowned specialist in engineering components and mechanical services, has successfully completed the acquisition of Mercury Power Transmission, a key player in the bearings, power transmission, and fabrication sector. This strategic move represents a significant milestone in Leicester Bearings’ mission to bolster its presence and capabilities in the industry, while delivering enhanced benefits to customers of both entities.
The acquisition brings together the complementary strengths of Leicester Bearings, with over 35 years of industry expertise, and Mercury Power Transmission, boasting 30 years of extensive experience and specialization, particularly in the fabrication, mining, and quarrying domains.
Expressing enthusiasm about the acquisition, Jamie March, Managing Director of Leicester Bearings, remarked, “We are thrilled to welcome Mercury Power Transmission into the Leicester Bearings family. The wealth of knowledge and experience brought by its employees is unparalleled, and we are excited to inform our customers about the additional services and expertise we can now provide.”
March emphasized that the acquisition signifies a strategic investment aimed at expanding Leicester Bearings’ footprint in fabrication, engineering services, and power transmission, thus enabling the delivery of greater value to customers and fostering sustainable business growth.
Aligned with Leicester Bearings’ long-term strategic objectives, the acquisition underscores the company’s commitment to diversifying its portfolio, fortifying its market position, and seizing emerging opportunities. Through this transaction, Leicester Bearings reaffirms its dedication to innovation, excellence, and customer satisfaction.
As Leicester Bearings integrates Mercury Power Transmission into its operations, paramount importance will be placed on ensuring a seamless transition for employees, customers, suppliers, and other stakeholders. Leicester Bearings remains steadfast in upholding the highest standards of quality, reliability, and integrity throughout the integration process.