Bearings sold off

Sarnatech BNL has been bought by UK-based Plastics Capital, a plastics products manufacturing business that focuses on speciality industrial products.

In addition to the bearings produced by BNL, Plastics Capital produces a range of technical extrusions for the rubber hose and cardboard packaging industries. The company operates through 4 operating subsidiaries, all based in the UK. In total, approximately 70% of its sales are exported to over 50 countries all around the world.

Now, the UK parent company, Sarnatech BNL, will change its name to BNL (UK) whilst the US and Japanese subsidiaries will change their names to BNL (USA) and BNL (Japan) respectively. A new brand identity will be launched in the coming weeks.

Originally founded as BNL (Bearings Non Lube) in 1970, the company was purchased in 1995 by the Swiss company, Sarna Polymer Holding.

It was announced by the Board of Directors in March 2005 that Sarnatech BNL would be divested as part of the Group’s strategy to concentrate on developing the Sarnafil construction and civil engineering business.