MergerLinks Header Logo

Announced

Completed

Timken completed the acquisition of Des-Case from Industrial Growth Partners for $125m.

Synopsis

Timken, a provider of engineered bearings and industrial motion products, completed the acquisition of Des-Case, a Nashville-based manufacturer of specialty filtration products for industrial lubricants, from Industrial Growth Partners, for $125m. "Des-Case is a technical leader in branded filtration solutions that sit adjacent to our automatic lubrication systems. Des-Case is known for innovative products and services that improve equipment reliability, increase profitability and provide environmental benefits. By adding new products that complement our existing portfolio, this acquisition provides strong synergy opportunities, including cross-selling and international expansion," Christopher Coughlin, Timken Executive Vice President.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US