KBS Corporate Advises on Sale of Berkshire Bearings and Transmissions Limited
Berkshire Bearings and Transmissions Limited (BBT) has been acquired by Acorn Industrial Services Group Limited, a subsidiary of Axel Johnson International.
Based in Newbury, West Berkshire, BBT is a supplier of engineering components, sourced from all over the globe, for domestic, commercial and industrial clients. Products include motors, gearboxes, hydraulics, adhesives, seals, bearings, belts and clutches. Well established within its sector, BBT has developed an excellent reputation as a reliable and dependable source of supply.
The shareholders of BBT approached KBS Corporate with plans to offer their shares for sale in order to retire. KBS Corporate spent time understanding the shareholders’ objectives, in order to develop a research strategy that would mainly target trade buyers with capabilities to take the company into its next phase of growth.
The acquirer, Acorn Industrial Services, is a UK-based leading distributor of high quality bearing, linear motion, power transmission and maintenance products. Acorn’s acquisition of BBT will strengthen its geographic presence and branch network.
Tom Eatough, of KBS Corporate, advised on the deal.