Miami, Florida, USA, July 6, 2017 – Rodamientos y Accesorios SA (RYASA) takes a relevant positon into IQ Engineering Group (IQE)’s Atlantic Bearing Services LLC (ABS) Equity. The merger of our US and Latin-American Operations builds a fundamental synergy as well as increasing customer service in Mexico.
ABS will profit from the extensive RYASA branch network to commercialize ABS’ Special and Custom-made Bearings and Transmission Products as well as proprietary brands registered such as ACB-USA™ (Bearings) and AEC-USA™ (Engineering Chains). RYASA benefits by acquiring these registered brands as well as ABS’s Engineering know-how in special products. Additionally, ABS will lead the international expansion of the ABS-RYASA partnership leaving RYASA focused on the Mexican Market.