Laulagun Bearings has designed, manufactured and marketed special large diameter bearings and slewing rings since 1973.
Groupe Legris Industries, a Belgium-based provider of fluid circuits and turnkey services, has acquired Laulagun Bearings S.A., a Spain-based company engaged in manufacturing slewing rings, from Portobello Capital Gestion, SGECR, S.A., a Spain-based private equity firm. With this acquisition, Groupe Legris Industries is enhancing its growth and pursuing its industrial diversification strategy through business integration. As part of Groupe Legris Industries, Laulagun Bearings will reinforce its strategy to become a preferred global and reliable supplier for its customers. Laulagun Bearings has two industrial sites in Spain, including an R&D center in Idiazabal, and is currently setting up a new factory near Chennai (India).
AZ Capital
Advised in the sale of
Laulagun Bearings S.A. (portfolio company of Portobello Capital)
to