Announced
Completed
Financials
Sources
Tags
Friendly
spherical bearings
Machinery: Specialty
Single Bidder
United States
Acquisition
Private
Majority
Domestic
Completed
bearings
Synopsis
Timken, a provider of bearings and power transmission product, completed the acquisition of Aurora Bearing Company, a manufacturer of rod ends and spherical plain bearings. Financial terms were not disclosed. "Aurora builds on our global leadership position in engineered bearings by increasing our product breadth, which will help us serve the bearing space more completely. The Aurora product line and market mix complements our portfolio very well," Christopher A. Coughlin, Timken Executive Vice President and Group President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.