(Jan. 14, 2016) – Graphite Metallizing Holdings Inc (GMHI) has purchased Exalto UK, the manufacturer and worldwide supplier of water lubricated bearings, from its Dutch owners, Exalto BV. GMHI, the US-based manufacturer of bearings, has established a new UK company, Exalto Bearings UK Ltd, who will continue to supply the Marine and Pump Industries worldwide with quality bearings.
"I am delighted that this successful bearing business and its skilled workforce will continue to thrive under GMHI and carry on providing high quality bearings to its long-standing customers worldwide," said Dick Exalto, CEO of Exalto BV.
Dennis Rawle, European director of sales for GMHI and now managing director of Exalto Bearings UK said, "I have long been associated with the Exalto Bearing business and am excited to continue my involvement in this new chapter for the company."
GMHI specializes in bearings and products manufactured using Graphalloy, a graphite/metal alloy suitable for use in the tough conditions.
Exalto Bearings UK manufactures rubber-lined and composite cutlass bearings for the pump and marine industries.