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The eBearing News
November 1, 2004
Mageba and Proceq Merge
copyright © 2004 eBearing Inc.
Mageba SA (Switzerland) and Proceq SA (Switzerland) have completed their previously-announced merger;
the combined company will continue to do business as mageba SA.
Both mageba and Proceq are leading designers and manufacturers of bridge bearings and expansion
joints for bridges and industrial and commercial buildings.
Proceq bearings, under the Lasto (bearings for commercial and industrial buildings), Reston (bridge bearings)
and Tensa (movement and expansion joints) will continue to be marketed under their current trade names.
Bridge bearings include pot bearings, elastomeric bearings, spherical bearings, incremental launch
bearings, horizontal and vertical load steel bearings, load measuring bearings (pot bearings with
hydraulic leveling capabilities), and a wide variety of specialty bearings such as bearings with lifting
protection, pendulum bearings, and wind shoes.
• for more information about bridge bearings, visit
mageba's website
Mageba was founded in 1963; Proceq was founded in 1954.
The combined organization has five main office, manufacturing and site installation locations across
Switzerland, Germany and Austria. Worldwide, the company has 30 agencies.
In a joint statement, the new management team said, "This merger will allow us to reduce our overheads and,
in particular, to increase the resources available for product development and site installation -- our
team responsible for the installation now has twice as many members as before."
They went on to say, "This merger has not affected the department for measuring and testing instruments
of Proceq SA, which will focus its activities on commercializing its testing and measuring equipment
globally. Further, Proceq SA is an important shareholder of mageba SA."
Terms of the merger were not revealed.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Copyrighted material; unauthorized reproduction prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2010, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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