Tag Archives: Lubrication system

Timken acquires Groeneveld Group

Timken acquires Groeneveld Group

The Timken Company, a global leader in engineered bearings and mechanical power transmission products, today announced that it has reached an agreement to acquire Groeneveld Group, a leading provider of automatic lubrication solutions used in on- and off-highway applications, for approximately $280 million. For the 12 months ending May 31, 2017, Groeneveld Group sales were approximately…Continue Reading

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