M&A Deal Summary

AB Acquires Kaydon

On October 16, 2013, AB acquired machinery company Kaydon for 1.3B USD

Acquisition Highlights
  • This is AB’s 3rd transaction in the Machinery sector.
  • This is AB’s largest (disclosed) transaction.
  • This is AB’s 5th transaction in the United States.
  • This is AB’s 1st transaction in Michigan.

M&A Deal Summary
Date 2013-10-16
Target Kaydon
Sector Machinery
Buyer(s) AB
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

Kaydon

Ann Arbor, Michigan, United States
website
Kaydon Corp. is a design, manufacture and sale of custom engineered, performance-critical products in the United States, Germany, and internationally.

Search 193,103 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AB

Gothenburg, Sweden

website

Category Company
Founded 1907
Sector Machinery
Employees41,433
Revenue 74.9B SEK (2020)
DESCRIPTION

SKF has focused on growth in the areas of technology, industrial experience and world-wide presence. Simply put, the combination of these three areas is the powerful source of the knowledge that makes our uniquely wide range of capabilities possible. Developing new bearing technology for over a century, SKF has developed a unique understanding of rotating equipment and how machine components and industrial processes are interrelated. was founded in 1907 and is headquartered in Gothenburg, Sweden.

DEAL STATS #
Overall 5 of 11
Sector (Machinery) 3 of 5
Type (Add-on Acquisition) 5 of 11
State (Michigan) 1 of 1
Country (United States) 5 of 6
Year (2013) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-14 General Bearing

West Nyack, New York, United States

General Bearing Corp. is an engineering-oriented supplier which designed bearings for a variety of special industrial applications.

Buy $125M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-10 GLOi AB

Molndal, Sweden

GLOi AB is an alignment technology solutions company. GLOi has developed and launched an integrated shaft alignment solution based on the iOS software platform used by iPads and iPhones.

Buy -
Mergr

Product

Company

Legal