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NTN and SNR declare merger a success

French firm SNR Bearings will change its name to NTN-SNR Bearings from July 2010.

The news comes after NTN Corporation increased its share of capital in SNR Bearings to 80% three years after the two companies merged.

In a statement, the company said it had succeeded in:


  • unifying their sales networks and techniques

  • improving their trading positions during the financial crisis

  • developing technical exchanges and synergies for investment projects in the automotive, industrial and aeronautic markets

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