COMPANY PROFILE
2013
BMG
Acquiring a brighter future
CompANY PROFILE
Acquiring a brighter future Editorial: Lauren Grey Production: Chris Bolderstone
Since its inception, Bearing Man Group has been involved with many acquisitions, partnerships and distribution deals in order to expand its product range and develop its services. IndustrySA featured the South African engineering giant in 2012, and in just one year, the company has more exciting news to announce…
As one of South Africa’s leading engineering companies, Bearing Man Group (BMG) does more than supply industry with a vast range of superior quality engineering components; it also provides the technical resources needed to keep machinery operating at an optimal level. Established in 1974, the company started by selling bearings, but has since expanded its product range rapidly to include a range of the finest globally recognised brands in the world. Subsequent to its success, BMG has expanded from its single office in Durban, into Africa; with branches opening in Namibia, Swaziland, Zambia, Botswana and Mozambique. CEO, Charles Walters says that the company’s continuing success is largely a result of ‘strategic acquisitive growth’, which has enabled it to reach new markets and expand its service offerings over the years. In spring 2012, IndustrySA featured BMG after it announced two high-profile acquisitions, with the purchase of
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Gasket and Allied Products and its largest acquisition to date, Man-Dirk (Pty) Ltd. These strategic investments increased the company’s high-quality product range and invaluable industry knowledge tremendously, further reinforcing its position as one of South Africa’s leading engineering companies. Since then, the company has gone on to secure even more acquisitions, partnerships and distribution deals, as part of its development and growth strategy. BMG’s most recent partnership has extended the BMG range of pneumatic and hydraulic filtration products and systems, whilst enabling it to reach new markets throughout sub-Saharan Africa.
PARKER HANNIFIN PARTNERSHIP The partnership is with international engineering company, Parker Hannifin, a global leader in motion and control technologies, with a presence in 49 countries around
Bearing Man Group
©BMG the world. Parker Hannifin has been operating for 41 years in South Africa, providing quality services and products to its SubSaharan African customers and to other companies through its strong, professional distribution network, distributor owned ParkerStores and Parker owned ParkerStores. The company’s portfolio of precision-engineered solutions for the mobile, industrial and aerospace markets will now be accessible to BMG through its recent partnership, as Charly Saulnier, President Europe, the Middle East and Africa for Parker Hannifin, explained in a statement. “At Parker, we make a conscious effort to find ways to deliver our products, more efficiently to a growing footprint,” he said. “Our strategic partnership with BMG will enable us to reach new markets, while giving BMG fast access to our extensive portfolio of products and technologies, from a single source.
“For our customers in South Africa this means the quality products of the world leader in motion and control will be available locally with excellent customer service provided by BMG through their extensive network.” Similarly, Gavin Pelser, BMG Executive Director says that the partnership will enable both companies to reach new markets “throughout Sub-Saharan Africa, particularly in mining, manufacturing, process, transport, construction and logistics.”
TIMKEN DISTRIBUTOR In order to expand its footprint within the bearing market, BMG have secured a distribution deal with Timken, a global steel and bearing manufacturer with operations in 30 countries. The deal will see BMG distribute Timken’s range of bearings, including standard anti-friction bearing configurations and advanced products, like housed units, integrated bearing assemblies, precision assemblies and
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CompANY PROFILE
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aerospace bearings. Rouff Essop, general manager of BMG’s bearings division said in a statement, that Timken use the “highest quality materials” in the manufacture of its products, “BMG’s portfolio of Timken housed units are designed for reliable sealing, ensuring enhanced bearing protection in harsh operating conditions, including debris-filled, contaminated or high moisture environments, the robust housed series includes pillow, plummer and solid block housing units. “Timken use the highest quality materials in the manufacture of these units, to meet the stringent requirements for cleanliness, machinability and performance required in demanding operating conditions.”
BMG AUTOMOTIVE In a bid to enhance its automotive division, BMG recently began distributing BEST tyre protection sealant and was appointed exclusive distributors in Africa of Rexon automotive belts. BEST tyre protection sealant is a new international brand, manufactured using thixotropic and colloidal resin, containing micro fibres and recycled rubber crumb materials, with cooling agents and rust inhibitors that protect all metal parts. In a statement, general manager of BMG Automotive, John Black says that BEST is “reliable” and “cost effective”, “BEST, which is non-toxic and water soluble, is injected into the tyre
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through the valve, without the need to dismantle the wheel from the machine or the tyre from the rim. “In the event of a puncture, this sealant automatically creates patches and plugs, sealing holes caused by foreign objects. This material also eliminates leakage from hidden rubber pores and seals valve leakages and prevents air pressure leakage from the rim and o-ring. “This sealant efficiently seals around objects embedded in the tyre up to 50 mm, prohibits internal rubber separation and also reduces overheating of the rubber mass and the metal armour of the casing.” The sealant is break-down, boil and freeze resistant (up to -25°C), and improves safety for the driver, reduces fuel consumption, lowers maintenance costs and minimises rim assembly problems. Furthermore, as Africa’s exclusive distributor of Rexon automotive belts, BMG now stocks a new range encompassing the classic fan belt or V belt, as well as the ribbed PK range, also known as a serpentine or multi rib belt. The belts have been designed to withstand increasing underbonnet temperatures, caused by smaller engines, Black says, “Over time the design of engine bays in modern vehicles has become smaller, yet engine outputs have significantly increased, leading to higher under bonnet temperatures.” The new range uses higher quality materials with greater heat resistance, manufactured in a world class facility, with
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computer controlled processes, to stringent quality standards, including ISO9001 specifications.
BMG FUTURE Through its many strategic acquisitions, partnerships and distribution deals, BMG is continuously working towards its vision of becoming a powerful force within the engineering industry by providing superior technical solutions to its customers. The company intends to further add to its portfolio of leading brands, quality products and technical skills in order to service the engineering industry thoroughly. Its strategic vision going forward however, is to aggressively expand into Africa, which the company intends to achieve within the next five years. African sales currently constitute a substantial percentage of BMG’s turnover, and the company intends to focus its efforts on Ghana, Nigeria, Angola, Tanzania and the DRC.
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