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SKF acquires Lincoln Industrial

Headquartered in St Louis, Missouri, Lincoln Industrial supplies lubrication systems, tools and equipment including lubrication pumps and heavy duty pumps. The business has around 2000 employees and is expected to generate sales approaching US$400 million in 2010 with an operating profit margin of around 24%.

SKF's existing lubrication systems business has limited overlap with Lincoln Industrial in terms of geographical sales coverage, technology and manufacturing footprint, particularly in North America and Asia. Lincoln Industrial also gives SKF improved access to the lubrication tools and equipment aftermarket in North America.

www.skf.com

www.lincolnindustrial.com