Another Acquisition for SKF

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SKF Canada has acquired Automatic Lubrication Systems of Burlington, Ontario, for an undisclosed amount. ALS, with 17 employees, services centralized lubrication systems made by Vogel, which was acquired by SKF in July 2004.

ALSs market includes Canadian mobile transportation equipment and industrial machinery customers.

A family run organization, it was founded in 1976 by Nick Nyenhuis, who is continuing with the company. The acquisitiontook effect March 2.

The combination of the ALS team with SKF Canada strengthens our lubrication capabilities and solidifies our leadership position within the Canadian marketplace, said Jan Lindhe, president of SKF Canada, which is based in Scarborough, Ontario.

Nyhenhuis said, SKF capabilities and market knowledge enable ALS to grow into other industrial segments. The synergies are numerous, and access to SKF technical knowledge will allow us to further expand our customer base and contribute to the success of the SKF Lubrication Systems.

SKF Canada was once known primarily as a leading producer of roller bearings. It now bills itself as a knowledge engineering company with a strategic focus on bearings, lubrication systems, seals, mechatronics and reliability systems. It is part of the Goteborg, Sweden-basedSKF Group, which is a global supplier of products and services in the business of rolling bearings and seals. Among SKF Group’s recent acquisitions was the purchase of Preventive Maintenance Co., a $10 million supplier of lubrication sampling and analysis services, which it added to SKF USA in January.

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