Wieland acquires Concast Metal Products and Randall Bearings
- Major step to further enhance product and service offerings in North America with industry-leading casting and machining capabilities
- Focus on growth markets, including aerospace, defense, and oil and gas industries
Wieland has acquired Concast Metal Products Co. and Randall Bearings Inc., two leading companies in their respective market segments, thereby further strengthening the presence of Wieland Group in premium copper and copper alloy market segments in North America.
With more than 130 years of history and a strong reputation for excellent customer service and manufacturing capabilities, Concast provides a broad product and service portfolio to its customer base. The company’s high performance casting operations are located in Mars, Pennsylvania, and Birmingham, Ohio.
Randall Bearings, with locations in Lima, Ohio, and Coldwater, Ohio, offers high-end machined bronze and brass parts, catering to industries such as agriculture, construction, fluid power, oil and gas, heavy equipment, defense, and transportation.
“With the acquisition of Concast and Randall Bearings, we further expand Wieland’s manufacturing and service capabilities in North America. We are very much looking forward to welcoming an experienced workforce and strong leadership team to the Wieland Group,” said Dr. Erwin Mayr, CEO of the Wieland Group.
The transaction officially closed on January 12, 2024.
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[Image] With the acquisition of Concast Metal Products and Randall Bearings, Wieland further expands its presence and innovation in North America.
For further information, please contact
Wieland Group
Adriana Williams | Vice President Marketing & Communications
Graf-Arco-Straße 36 | 89079 Ulm | Germany
P +49 152 28403220 | press@wieland.com