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The eBearing News
October 25, 2001


Applied Industrial Acquires
Baleros Industriales in Mexico
copyright © 2001 eBearing Inc.

Applied Industrial Technologies (Cleveland, Ohio) has acquired Baleros Industriales S.A. de C.V. (Monterey, Mexico).

Baleros Industriales is a well-known distributor of bearings and power transmission equipment with four locations in Mexico: Monterey, Saltillo, Queretaro and Guadalajara. The company will continue to operate under its own name, as a part of Applied's Mexican division, Applied Mexico, S.A. de C.V.

Founded in 1960, Baleros had 2000 sales of approximately USD $6.8 million. The acquisition price was not disclosed.

General Director Mauricio Bichara will stay with the company through a transition period, after which it will be under Jose Manuel Bonilla, General Director of Applied Mexico.

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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Bruce Carr edited this content.
Copyrighted material; unauthorized reproduction prohibited.


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