Industrial Technology - Linked-in Industrial Technology - Twitter Industrial Technology - News Feed
Latest Issue
Diary and Events

PPMA Show 2021

NEC, Birmingham(B40 1NT)

28/09/2021 - 30/09/2021

PPMA Show 2021 will be the UK’s largest ever event dedicated to state-of-the-art processing and (more)

Southern Manufacturing

Farnborough, Hants(GU14 6TQ)

06/10/2021 - 07/10/2021

Southern Manufacturing and Electronics is the most comprehensive annual industrial exhibition in the (more)

Advanced Engineering 2021

NEC Birmingham(B40 1NT)

03/11/2021 - 04/11/2021

Join us in our 12th and most important edition to date, as we invite engineers and management from all (more)

Bowman International acquires competitor Oilite Bearings

Bearings and sintering specialist Bowman International has acquired most of the assets of Oilite Bearings, after the Ipswich-based manufacturer was placed into administration at the end of 2008. The trade names, all stock valued at over GBP 250,000, tooling and various other equipment have now been purchased from the administrator.

The acquisition strengthens Bowman's position in the sintered component market and will greatly expand its exports. It has also increased stock holding to more than GBP 1.75m, with the widest range of stock sintered bronze bearings in Europe.

"The purchase of Oilite has moved us into a bigger league and effectively doubles our turnover," said Bowman managing director Paul Hancock. "It means we can offer customers an even better service and an even wider range of components."

The former managing director of the Ipswich company, Paul Mitchell, has joined Bowman as technical director, further strengthening the technical back up provided to customers.

Oilite Bearings had manufactured self-lubricating bearings and sintered components for more than 70 years. For many years it was part of Manganese Bronze Holdings, best known for making London's iconic black taxi cabs. In 2003 the components division was sold to BSA Holdings, which went into administration in 2006, and Oilite Bearings became a stand-alone company after a management buyout.

Latest news about Bearings and slides

Additional Information
Text styles