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Announced

Rollakin completed the acquisition of Simply Bearings.

Synopsis

Rollakin, a retailer of bearings and transmission parts, completed the acquisition of Simply Bearings, a retailer of bearings and transmission parts. Financial terms were not disclosed. "I am very proud of this historic milestone for our group. The acquisition of Simply Bearings makes a lot of sense for us because it allows us to accelerate our international development by consolidating a strong position in the United Kingdom, while achieving significant economies of scale for the group as a whole," Pierre Seznec, Rollakin Chairman.

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