Announced
Completed
Financials
Sources
Tags
Domestic
Acquisition
Private
Completed
industrial bearings
Single Bidder
United States
Machinery: Industrial
Majority
Friendly
Synopsis
Timken, an industrial manufacturer in engineered bearings and industrial motion products, completed the acquisition of American Roller Bearing, a manufacturer of industrial bearings. Financial terms were not disclosed. "ARB's end-market mix, customer base and aftermarket position fit our Timken business model extremely well. We're proud to welcome ARB and its employees into The Timken Company,"Richard G. Kyle, Timken President and CEO.
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