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Acquisitions and divestments

Below you will find a list with SKFs major acquisitions and divestments since 1995 as well as SKFs acquisition criteria.


A = Acquisition, D = Divestment, O = Other

Date Type Company Press release
2009-05-19 A Macrotech Polyseal Inc. SKF acquires remaining part of US based seals company
2008-11-05 A Cirval S.A. SKF acquires lubrication systems company in Argentina
2008-09-16 A PEER Bearing Company SKF's acquisition of US based bearing company now closed
2008-09-02 A GLO s.r.I SKF has signed an agreement to acquire GLO s.r.I and its manufacturing operation in Italy.
2008-03-04 A QPM Aerospace SKF acquires US based airframe manufacturer
2007-12-21 A S2M SKF's acquisition of leading magnetic bearing company now closed.
2007-06-21 A Electric Motor Diagnostics Company SKF acquires Electric Motor Diagnostics Company in USA
2007-03-13 D Luchow plant Sale of SKF's forging in Germany signed
2007-03-02 A Automatic Lubrication Systems (ALS) SKF announced the acquisition of Automatic Lubrication Systems (ALS) company of Burlington, Ontario, Canada
2007-02-27 A ABBA Linear Tech Co Ltd SKF acquires Taiwanese company in linear motion
2007-01-11 A Preventive Maintenance Company Inc. (PMCI) SKF acquires US company in maintenance business
2006-11-20 D Oy Ovako Ab Sale of Ovako finalized
2006-11-10 D Oy Ovako Ab The sale of Ovako received relevant regulatory approvals
2006-08-29 A Economos Austria GmbH SKF acquires Austrian Economos and strengthens its sealing business
2006-08-24 A Monitek Australia SKF strengthens its service business, acquires US and Australian companies
2006-08-24 A Precision Balancing & Analyzing (PB&A) SKF strengthens its service business, acquires US and Australian companies
2006-08-16 A John Crane's lubrication systems SKF's acquisition of the leading Finnish lubrication systems business
2006-07-17 D Oy Ovako Ab RAUTARUUKKI, SKF AND WÄRTSILÄ to sell OVAKO
2006-07-04 A SNFA SAS SKF's acquisition of SNFA finalized
2006-05-04 D Forging Shop, Lüchow SKF to sell its forging business in Germany
2006-04-24 A RC DEI Norge AS SKF acquires service company in gas and oil business
2006-04-06 A Macrotech Polyseal Inc. SKF acquires leading US industrial seals company
2006-04-03 A SNFA S.A.S SKF plan to acquire leading French bearing company
2005-09-27 A Sommers Industriteknik AB SKF acquires Swedish lubrication system company
2005-06-09 A SKF India Limited The listing of SKF's Indian subsidiary continues
2005-06-09 A Jaeger Industrial Ltd SKF's acquisition of Jaeger finalized
2005-05-10 O Rautaruukki and Wärtsilä SKF, Rautaruukki and Wärtsilä have completed merger of long steel businesses
2005-02-10 A SKF India Limited SKF intends to acquire full ownership
2005-01-19 D Ovako La Foulerie SKF sold steel plant in France
2004-07-08 A Willy Vogel AG SKF's acquisition of Vogel finalised
2004-05-12 A Willy Vogel AG Memorandum of Understanding / SKF acquires lubrication systems company
2004-04-22 A Vibration Engineers and Consultants Pvt. Ltd (VEC) SKF acquires Vibration Engineers in India
2003-05-05 A Rolling Stock Supply & Service Pty Ltd SKF acquires a railway bearing service company in Australia
2003-05-02 D Veenendaal plant SKF sold component manufacturing in the Netherlands to US based NN, Inc.
2003-04-22 A Scandrive Control AB SKF acquires leading specialist in servo gears for the printing industry
2003-01-10 A Twentieth Century Machine Co., TCM SKF acquires US linear motion company
2002-12-09 D Veenendaal plant SKF sell its component manufacturing operations in Veenendaal, Netherlands
2002-08-14 D Ovako Ajax Inc. SKF sold steel unit in the United States
2002-05-21 A Delta Consult B.V. SKF expands Reliability Systems.
2002-04-22 A NSK Aerospace Europe Ltd. SKF's acquisition of UK bearings business finalized.
2002-03-18 A VMZ SKF acquires the Bulgarian bearing company VMZ.
2002-02-15 A Erin Engineering and Research, Inc. SKF acquires Maintenance Engineering Company in the US.
2002-01-10 A Magnetic Group SKF acquires leading manufacturer of actuation systems.
2001-09-14 D Sale to CMSP s.r.l. SKF sells its Italian based sheet metal components manufacturing.
2001-06-28 A Nåiden Teknik AB (NTAB) SKF acquires Swedish service company.
2001-04-23 A Gamfior S.p.A SKF acquires Italian Machine Tool Spindle Company.
2001-01-09 O International Component Supply Ltda - ICS SKF and Timken start joint venture in Brazil.
2000-12-21 A MTSR Ltd SKF acquires a British Machine Tool Service company
2000-12-15 A Roller Bearing Industries (RBI) SKF acquires service company in the US railway industry
2000-09-27 A Revolve Magnetic Bearings Inc. SKF strengthens its position in magnetic bearings
2000-06-30 A Diagnostic Instruments Ltd. SKF acquires specialist in mobile industrial computers
2000-06-29 A Sealpool AB SKF acquires Swedish seals company
2000-06-13 A Electrac S.A SKF acquires French actuator company
2000-04-10 D NN Euroball Aps SKF, FAG and NN Ball and Roller start joint venture for ball manufacturing.
2000-04-05 A Machine Support BV SKF acquires Dutch service company
2000-04-03 D Lidköping Machine Tools AB SKF sells its machine tool manufacturer to KMT
2000-03-30 D Research and development Centre SKF sells research centre premises
2000-01-11 A Development Engineering International (DEI) SKF Group acquires DEI as it expands its Service activities
1999-09-30 D Sale of head office building SKF sells head office building in Göteborg
1999-07-09 D SKF Arvika AB SKF sells forging unit in Arvika
1999-06-16 D Roller Bearing Company of America Inc. - RBC SKF sells manufacturing of Tapered Bearings in the USA
1999-04-09 D Divestment of textile machinery components SKF sells textile machine business
1999-01-25 D SKF Arvika AB, WPB Water Pump Bearing GmbH & Co SKF exits and sells operations
1998-09-23 D ScanDust AB SKF sells ScanDust
1998-08-24 A CR Mexicana Chicago Rawhide expands in Mexico
1998-06-09 A Russel T. Gilman Inc. SKF focuses on new area of operations
1998-04-20 O Wafangdian Bearing Co. Ltd. SKF starts new joint-venture company in China
1997-12-29 A Lutsk Bearing Plant SKF acquires bearing plant in Ukraine
1997-12-01 O Revolve Magnetic Bearings Inc. SKF in world-leading partnership for magnetic bearings
1997-06-30 D FlexLink Systems AB Sale of FlexLink Systems
1997-05-20 A PT Logam Sari Bearindo (LSB) SKF to begin bearing production in Indonesia
1997-02-25 O Wafangdian Group Major new SKF investments in China
1996-04-15 O Beijing Nankou SKF Railway Bearings Co Ltd SKF expands in China
1995-12-06 O WPB Water Pump Bearing GmbH & Co K.G SKF and INA to form a joint-venture company for water pump spindles
1995-07-26 A FLT Poznan SKF acquires Polish bearing company
1995-06-06 O With Hanwha Machinery Co Ltd. (HWMC) SKF to commence bearing production in Korea
Last updated: 2009-07-13
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