Fersa Bearings Extends Strategic Partnership with Knorr-Bremse TruckServices in South America
Knorr-Bremse TruckServices brand enters the South American market, while the Spanish manufacturer extends their partnership to also cover the region.
Spanish wheel-bearing specialist Fersa Bearings has announced the extension of its strategic partnership agreement with Knorr-Bremse, a global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems. The partnership which was first announced in September 2022 and originally covered Europe, has now expanded to the South American market and will see the launch of an extended portfolio of wheel bearings and wheel hubs.
Fersa Bearings is a manufacturer of powertrain and Smart Mobility solutions and high efficiency bearings and automotive components trusted by the world's leading OE and Tier 1 manufacturers. Its portfolio includes solutions for trucks, buses, and trailers, such as tapered roller bearings, wheel bearing kits, wheel-end hub units, and preset hubs.
Jefferson Germano, Aftermarket Sales Manager at Knorr-Bremse Sistemas para Veículos Comerciais Brasil Ltda, says, "For us, this strategic partnership is a very important business milestone because we can now also offer our customers in South America a complete spare parts package for the wheel-end. We work alongside big, important brands, which makes all the difference to end customers. And now we can deliver a package of solutions that are competitive and cost-effective."
“The strategic alliance between Fersa and Knorr-Bremse TruckServices is intended to serve as a springboard from the initial European market in order to access wider international opportunities, like this one in South America,” says Pedro Pablo Andreu, Chief Operating Officer of Fersa Group. “The extension of this partnership strengthens the ties between the two companies and heralds a long-term relationship. We have taken yet another step forward in our growth and global expansion strategy.”
The announcement was made during Automec 2023, the largest aftermarket trade show in South America, held in São Paulo on April 25-29.