OEM International buys UK industrial transmission distributor ABSSAC

Bitget2026/10/01 14:41

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OEM International bought 100% of UK distributor ABSSAC, expanding its motion transmission and power transmission offering in Britain.
ABSSAC generates about GBP 2.5 million in annual revenue, with headquarters and a warehouse in Evesham, Worcestershire.
Completion took place on Oct. 1, 2026.
The deal is expected to have a marginally positive effect on OEM International’s earnings in the current fiscal year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OEM International AB published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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OEM International buys UK industrial transmission distributor ABSSAC

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