Timken India has entered into a definitive agreement to acquire ABC Bearings through a court-approved amalgamation process. ABC Bearings is a manufacturer of tapered, cylindrical and spherical roller bearings, and slewing rings. The addition of the ABC Bearings portfolio will strengthen Timken’s innovative and competitive solutions to serve its customers.
This transaction is subject to receipt of approvals by each company’s shareholders, regulatory agencies and the stock exchanges, which is expected to occur over the next several months.
Timken India, a subsidiary of The Timken Company, provides friction management solutions for a wide range of industry applications across the globe.
