Unipart acquires rail bearing and axle box reconditioning business in Sydney, Australia

August 13, 2024 08:19 AM AEST | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

OXFORD, England, Aug. 13, 2024 /PRNewswire/ -- Unipart, the supply chain solutions and performance improvement technologies partner, has announced the acquisition of the former Schaeffler Rail Bearing reconditioning business in Auburn, New South Wales.

Mark Carling, Unipart Rail Australia & Asia Pacific Managing Director
Mark Carling, Unipart Rail Australia & Asia Pacific Managing Director

The acquisition was completed on 12 August 2024, transferring the business assets to Unipart Group Australia Pty.  

The railway bearing reconditioning business started in 1991 as Bearing Engineering Services Ltd. before being acquired by Schaeffler in 2005. The business has a long history of serving both passenger and freight rail customers across Australia and is responsible for the refurbishment of around 20,000 bearings and axle boxes per annum, making it a critical component of the rail maintenance supply chain.

Unipart has been trading in the Australian rail sector since 2005, with Australian business operations established in 2007, building a customer base across freight and passenger services, bringing supply chain, consultancy and technology expertise to customers.

Darren Leigh, Unipart Chief Executive Officer, said: "The rail sector is a core existing and growth focus for Unipart and we are delighted to extend our capabilities in Australia. We welcome the new team members to Unipart and are excited to be in a position to offer our customers an extended range of performance improving services and solutions."

Mark Carling, Managing Director for Unipart Rail in Australia and Asia Pacific, said: "Unipart is a supply chain solutions and performance improvement technologies provider with locations around the world. Whilst we have had materials supply, consultancy and technology introductions in Australia for some years, we utilised the skills of our UK-based Maintenance, Repair and Overhaul (MRO) capabilities to serve our Australian customers. With this acquisition, from today we have expanded our local capabilities to further support our customers with a local and responsive MRO service."

The acquisition retains the site's expert railway bearing reconditioning and overhaul team, facilities and tooling, ensuring continuity of service for the MRO of critical bogie bearings.

Mark continued: "Whilst we ensure that we maintain an already excellent service for our customers, we will work with the new team to bring Unipart's capabilities and culture to the business to further enhance performance and value for our customers, as well as implementing plans to provide an expanded range of services to the Australian railway industry."

Contact: Dave Tilmouth, Head of Marketing Communications
Moblie: +44 (0) 07740 335899, Email: [email protected]

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.