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Announced

Completed

Timken completed the acquisition of American Roller Bearing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Private

Completed

industrial bearings

Single Bidder

United States

Machinery: Industrial

Majority

Friendly

Synopsis

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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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