Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Domestic
Majority
Private
United States
innovative mechanical solutions
Diversified Engineering Procurement Construction (EPC)
Friendly
Completed
Synopsis
The Timken Company, a global company in engineered bearings and industrial motion products, completed the acquisition of Engineered Solutions Group, an integrated design, engineering, construction, and maintenance company. Financial terms were not disclosed. "The acquisition of iMECH allows us to build on our global leadership in engineered bearings by increasing our product breadth and providing exciting cross-selling opportunities," Andreas Roellgen, Timken Executive Vice President and President of Engineered Bearings.
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