Bernd Fischer Named Group CEO of Technymon GBT
BERGAMO, ITALY (October 16, 2018) – Technymon GBT, a leading manufacturer of sliding bearing products, has announced the appointment of Bernd Fischer as Group CEO.
Fischer’s leadership responsibilities will include the oversight of business development and operations for Technymon Technology U.S.A. Inc., MBC Composite Bearings Mfg. Inc., Global Bearings Technologies Italy, Technymon Gleitlager Germany,Technymon Technology India and Technymon Technology Brazil.
He will also be tasked with elevating the company’s HIMON brand, both in its established oil and gas market as well as technology oriented non-standard industrial business catering.
Fischer is an experienced veteran in the metal polymer industry, with over 25 years of international experience in the segment. Most recently, his career has included GGB Bearing Technology (President), Oerlikon Balzers (CEO) and Castolin Eutectic (Executive VP Global Services).
“Technymon has an excellent reputation for quality bearing products, and I am excited for the opportunity to continue this tradition of excellence and further grow the company,” said Fischer. “I look forward to working with Technymon’s extremely talented team to elevate the international recognition of these cutting-edge products.”
Fischer will collaborate with Varun Sood and Jozef Jansen, the founders of UC Capital, which purchased the Technymon Group in 2017. Sood and Jansen will remain Directors of the Board and continue working on the company’s strategic direction and decisions.
“With Bernd at the helm of the Technymon Group we are integrating an industry expert with a thorough understanding of the global metal polymer bearing market, its technology and respective applications, said Sood. “We see this leadership as an integral step in elevating our business, competitiveness and market penetration.”
Fischer will concentrate on expanding Technymon’s market share of self-lubricated, pre-lubricated and polymer bearing products among the company’s key verticals, including automotive, oil/gas, hydraulics, industrials, mining/construction, agriculture and renewable energy.
“Technymon has been building a new foundation, from new ownership, new personnel and now, with the addition of Bernd Fischer, a new CEO,” said Jansen. “Coupled with our experienced employees and a dedication to the quality that Technymon products are known for, we are poised for significant growth.”
About Technymon GBT
Technymon was founded in 1973 as a family-owned company in the northern Italian region of Lombardy, specializing in the production of sliding bearings. Since its inception, the company has shown a deep commitment to innovation and product development. With the support of a highly skilled technical team, Technymon has rapidly grown in global markets.
The company specializes in the manufacturing of self-lubricated, pre-lubricated and polymer bearing products for a spectrum of industries, including automotive, oil/gas, hydraulics, industrials, mining/construction, agriculture and renewable energy.
In 1974, Technymon introduced the HIMON sub-brand, which has since been synonymous with quality and performance in the oil and gas industry. Recently, the company has placed an increased emphasis on expanding the brand’s use applications to a wider audience, particularly technology oriented non-standard industrial business services.
In May 2017, Technymon was acquired by Global Bearing Technologies, a subsidiary of Netherlands-based investment firm UC Capital.