The Rollakin Group, owner of the pure player specialized in the online sale of bearings and transmission parts 123Roulement acquires its English counterpart Simply Bearings Ltd.
The acquisition of Simply Bearings enables Rollakin to accelerate its development in the UK, strengthen its presence in the US market and pursue its international expansion. International expansion, which now accounts for over 50% of sales.
Founded in 2004 near Manchester in the UK, Simply Bearings has a positioning equivalent to that of 123Roulement across the Channel, both in terms of its digital DNA and its specialization in technical product ranges, customer typologies and supplier networks.
The company employs nearly 50 people. These many similarities will enable a smooth, gradual integration within the Rollakin group, which is now a pan-European digital pure player and leader in the specialized distribution of technical parts.
Rollakin has thus doubled in size three years after its takeover, fully reflecting both the success of the management handover organized aroundPierre Seznec, and the relevance of the development plan implemented.
This acquisition will accelerate the Group's growth and the synergies between 123 Roulement and Symply Bearings :
"I am very proud of this historic step for our Group. The acquisition of Simply Bearings makes a great deal of sense for us, as it enables us to accelerate our international development by consolidating a strong position in the UK, while at the same time generating significant economies of scale for the Group as a whole. "says Rollakin Chairman Pierre Seznec.