MachineryCompany
Timken M&A Summary
Timken has acquired 42 companies, including 12 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 6 assets.
Timken’s largest acquisition to date was in 2003, when it acquired The Torrington Company for $840M. It’s largest disclosed sale occurred in 2009, when it sold Needle Roller Bearings Business to JTEKT for $330M. Timken has acquired in 16 different US states, and 8 countries. The Company’s most targeted sectors include manufacturing (44%) and machinery (29%).
Timken Business Overview
Where is Timken headquartered?
Timken is headquartered in North Canton, Ohio.
What is Timken’s revenue?
Timken disclosed revenue of 4,497M USD for 2022 and 4,133M USD for 2021.
How many employees does Timken have?
Timken has 17,000 employees.
What sector is Timken in?
Timken is a machinery company.
When was Timken founded?
Timken was founded in 1899.
M&A Summary
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M&A Total Activity45
- M&A Buy Activity39
- M&A Sell Activity6
- Total Sectors Invested 7
- Total Countries Invested 8
- M&A Buy/Sell Connections 22
- M&A Advisors 4