During the press conference hold at the Bauma China, Bonfiglioli shared 2016 victories and plans for tomorrow. The company is aiming to achieve a 780 million sales target for 2016 that will confirm its position as global leader in power transmission and control in a wide range of application fields.
In regional terms, Asia and the US are growing their relevance in our business portfolio; Asia Pacific has achieved a sounding 21% while EMEA and Americas has account respectively 58% and 21%. With regard to product groups, drives for mobile machinery made up around one third of Bonfiglioli turnover. The remaining turnover share was generated by a set of diversified industrial sectors like wind generator, mining and steel works, material handling and process technology. At the end of 2015, Bonfiglioli accounted approximately 3.650 employees of which 1/3rd in Asia Pacific, confirming the Bonfiglioli local for local investment policy.
In such a scenario the acquisition of O&K Antriebstechnik GmbH in Hattingen serves as an ideal addition to the planetary gear product portfolio in the performance range up to 3 million Nm. Hence, Bonfiglioli can be relied on as a single source to meet any performance requirements of its customers in Mining and Construction machine industry. O&K Antriebstechnik, synonymous of premium quality products and services, provides a broader access to the mining industry, also leveraging on Bonfiglioli’s global distribution network.