Exalto UK Bearing business Sold to Graphite Metallizing Holdings
Tue, 19 January 2016
Exalto UK, the manufacturer and worldwide supplier of water lubricated cutlass bearings, has been sold by its Dutch owners, Exalto BV, to the US Corporation, Graphite Metallizing Holdings Inc. (GMHI).
GMHI, the US-based manufacturer of bearings, have established a new UK company, Exalto Bearings UK Ltd, who will continue to supply the Marine and Pump Industries worldwide with quality bearings.
CEO of Exalto BV, Dick Exalto, said “I am delighted that this successful bearing business and its skilled workforce will continue to thrive under GMHI, and carry on providing high quality bearings to its long-standing customers worldwide”
Dennis Rawle, European Director of Sales for GMHI and now Managing Director of Exalto Bearings UK commented “I have long been associated with the Exalto Bearing business and am excited to continue my involvement in this new chapter for the company”
GMHI specialises in bearings and products manufactured using Graphalloy®, a unique graphite/metal alloy suitable for use in the toughest conditions. Rawle adds “the combined bearing expertise of both Exalto and GMHI mean we can offer our customers bearings to suit any application and the new UK base for GMHI can only improve the service we can offer our own European customers”
For further information, please contact:
For Exalto Bearings UK: