Bearings 2000 acquires MCL

 

 

As a progressive business, at Bearings 2000 (B2K) are constantly evolving the methodologies and expanding footprint in South Africa’s bearings landscape to provide customers with best-in-class products and service levels.

The company announces the acquisition of MCL in Gqeberha (Port Elizabeth).

This not only represents a significant milestone for B2K but for our existing and future customer base as the deal will provide superior value and fortify distribution across the Eastern Cape region.

A Shared Vision

With similar backgrounds, values, and approaches to business, MCL and B2K make an incredible fit.

MCL has been a proud and loyal SKF distributor for over three decades in the Eastern Cape and is acclaimed for reliable service and for bringing industry-renowned additional products such as gearboxes, conveyor rollers, linear motion, and energy chains to the region.

The goal is to uphold these relationships and improve our market penetration by providing further value to our clients. Moreover, the product offering will be strengthened with B2K’s product range that will be available through our Gqeberha distribution hub.

Products will include SKF, COOPER, COC, and DODGE premium brands of bearings, SYN, B2K, and FKD economical brands of bearings, and Dongil and SYN brands of power transmission.

These product ranges and brands will be bolstered by products already available from Bonfigioli gearboxes, Igus power chains, Interroll conveyor products, and THK linear motion brands.

A Substantial Regional Presence

As MCL transitions to become Bearings 2000 Gqeberha, it will soon become the third coastal distribution hub along those in Cape Town and Durban.

The Gqeberha hub will reinforce our distribution capability in the area thereby broadening our reach, reducing delivery times, and providing the customers with improved availability and technical support through an extensive product suite and enhanced overall service.

A Shared Business Objective

Both parties have committed to not only maintaining but increasing the market share of B2K’s traditional range of SKF bearings, economical bearings, and power transmission products.

Moreover, we aim to continue marketing Bonfiglioli, Interroll, Igus as well as the complete range of THK linear motion.

The end goal is to absorb almost 40 years of knowledge, passion, and expertise and project it into the company’s future.

Rodney McLagen, Managing Member of MCL shares,

“One of our internal motivations is the phrase ‘More products to more customers and people more often.’ With the added values of the Bearings 2000 Group including larger stocks; products and services; the highest B-BBEE contributor score of Level 1 with a procurement level recognition of 135% as well as outstanding advanced systems, procedures, and competent staff and management, I am confident that B2K Gqeberha will become an even greater and respected  force in the Eastern Cape region.”

According to Ross Trevelyan, Bearings 2000 Managing Director,

“We are set to expand on the vast history and relationships that MCL has created over decades of providing quality engineered products and superior service to their customers. Further, we want to notify potential sellers in the market that we are active in the acquisition space and looking for future business opportunities.  

In addition, Burak Murat Ozyurt, Managing Director, SKF Southern Africa group explains: 

“We are on the verge of an exciting new development within our distribution network as Bearings 2000, one of the largest and most exciting new Authorised Distributors has decided to acquire MCL following our expansion plans in the region. We are extremely proud and pleased to see that our loyalty and dedicated support to Bearings 2000 led to this courageous move, which will substantially boost the market share growth for SKF within the Eastern Cape area.”


Gruetzner