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Acquisition of VEGA in Poland

Rotary Seals

ERIKS acquired the activities of the technical distribution company VEGA in Myszkow (Poland). This business supplies mainly an industrial seals assortment, in particular to the maintenance market in the rapidly developing industrial region north of Katowice. The transaction was completed on 2 January 2013.

All VEGA activities will be continued by ERIKS Poland. The new branch has already been integrated into the organization structure of Passerotti sp. z o.o. In addition to Myszkow, ERIKS Poland through its Passerotti organization operates branches in Bielsko-Biala, Katowice, Lublin, Chorzow, Poznan (2) Zamosc, Gdynia and Warszaw.
Founded in 1940, ERIKS is a leading international industrial service provider offering a wide range of high-quality mechanical engineering components and associated technical and logistics services. ERIKS' current product range, including the technical and logistics services that form part of it, is divided into five core activities; flow technology, sealing technology, bearing and power transmission, including electromechanical services and condition monitoring, industrial plastics, and tools and maintenance products. ERIKS currently consists of more than 65 companies with branches in 27 countries serving over 200,000 customers. In 2011, ERIKS generated net sales of € 1.3 billion (USD 1.9 billion). ERIKS is a wholly-owned subsidiary of SHV Holdings N.V., a privately-held family company with net sales in 2011 of € 17.3 billion (USD 24.1 billion).

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