Announced
Completed
Synopsis
Groupe Legris Industries, a diversified industrial group, completed the acquisition of Laulagun Bearings, a designer and producer of large-diameter bearings for wind turbines. Financial terms were not disclosed. “As part of Legris Industries, Laulagun Bearings will reinforce its strategy to become the preferred global and reliable supplier for its customers who are leaders in their sectors. In this sense, we will further promote and develop long term relationships through internationalization, product technology and customer focus, that we have already initiated with the support of Portobello,” Jorge Damián, Laulagun Bearings CEO.
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