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Timken completes acquisition of ABC Bearings

30 Aug 2018 Evaluate

Timken India has completed the acquisition of ABC Bearings. The acquisition of ABC Bearings furthers Timken's global leadership position in tapered roller bearings by expanding company’s presence in India and enhancing the export capabilities to serve global markets.

Timken India is primarily engaged in manufacture, sale and export for sale of antifriction bearings, components and related parts. The company is also engaged in import and purchase for resale and acts as a sales agent for the products manufactured by The Timken Company.

Peers
Company Name CMP
Schaeffler India 3948.75
Timken India 3300.35
SKF India 1528.60
NRB Bearings 515.05
Menon Bearings 298.00
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