SKF - M&A Summary and Business Overview

MachineryCompany

SKF M&A Summary

SKF has acquired 14 companies, including 5 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 5 assets.

SKF’s largest acquisition to date was in 2013, when it acquired Kaydon for $1.3B. It’s largest disclosed sale occurred in 2015, when it sold Canfield Technologies to Gen Cap America for $23M. SKF has acquired in 6 different US states, and 6 countries. The Company’s most targeted sectors include machinery (42%) and business services (17%).

SKF Business Overview

Where is SKF headquartered?

SKF is headquartered in Gothenburg, Sweden.

What is SKF’s revenue?

SKF disclosed revenue of 103,881M SEK for 2023 and 96,933M SEK for 2022.

How many employees does SKF have?

SKF has 41,433 employees.

What sector is SKF in?

SKF is a machinery company.

When was SKF founded?

SKF was founded in 1907.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity12
    • M&A Sell Activity5
  • Total Sectors Invested 5
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 9
  • M&A Advisors 2

SKF

AB SKF

Sven Wingquist gata 2,
Gothenburg, 415 50
Sweden,
+46 3 13 37 10 00
www.skf.com

SKF focused on growth in the areas of technology, industrial experience, and worldwide presence. Simply put, the combination of these three areas is the powerful source of knowledge that makes our uniquely wide range of capabilities possible. SKF was founded in 1907 and is headquartered in Gothenburg, Sweden.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 10 - - - 1 1 12
vol $2.4B $2.4B
Sell (0.0/yr) # 5 - - - - - 5
vol $23M $23M
  17

Most Recent M&A

Company Date Value Type
John Sample Group - Lubrication and Flow Management Business 2024-08-14 - Divestiture
Milperra, Australia
2C-Composites GmbH & Co. KG 2023-11-08 - Add-on Acquisition
Heinsberg, Germany · www.2c-composites.de
Form Automation Solutions, Inc. 2019-11-11 - Add-on Acquisition
Addison, Texas · www.fas-mobile.com
Presenso Ltd. 2019-10-07 - Add-on Acquisition
Haifa, Israel · www.presenso.com
RecondOil Sweden AB 2019-06-20 - Add-on Acquisition
Johanneshov, Sweden · www.recondoil.com
Ewellix 2018-07-31 - Divestiture
Gothenburg, Sweden · www.ewellix.com
Reelcraft Industries, Inc. 2017-06-16 - Divestiture
Columbia, Indiana · www.reelcraft.com
Fly-By-Wire Systems France SAS 2016-03-17 - Divestiture
Saint-Vallier, France
Canfield Technologies, Inc. 2015-08-17 23M USD Divestiture
Sayreville, New Jersey · www.canfieldmetals.com
GLOi AB 2014-09-10 - Add-on Acquisition
Molndal, Sweden · www.gloi.se
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 5 (42%) 1.4B (58%) 2 (40%) 23M (100%)
Manufacturing 2 (17%) 1.0B (42%) 1 (20%) -
Business Services 2 (17%) - - -
Software 2 (17%) - - -
Technology Hardware 1 (8%) - - -
Aerospace - - 1 (20%) -
Electrical Equipment - - 1 (20%) -
Total 12 $2.4B 5 $23M

By Geo

State/Country Buy Value Sell Value
United States 6 2.4B 2 23M
  Texas 1 - - -
  Ohio 1 - - -
  New York 1 125M - -
  Missouri 1 1.0B - -
  Michigan 1 1.3B - -
  Illinois 1 - - -
  New Jersey - - 1 23M
  Indiana - - 1 -
Sweden 2 - 2 -
Australia 1 - - -
Canada 1 - - -
  Ontario 1 - - -
France - - 1 -
Germany 1 - - -
Israel 1 - - -
Domestic 2 (17%) - 2 (40%) -
Cross-border 10 (83%) 2.4B (100%) 3 (60%) 23M (100%)
Total 12 $2.4B 5 $23M

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
1
Legal Deals
Reed Smith
1

Deal Values

buy # Total
> $1B 2 $2.3B
$100M to $1B 1 $125M
TOTAL $2.4B
Largest Kaydon Corp.
$1.3B (2013-10-16)
sell # Total
< $100M 1 $23M
TOTAL $23M
Largest Canfield Technologies, Inc.
$23M (2015-08-17)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
8%
1 (8%)
Divested to
Investor(s)
80%
4 (80%)
Strategic(s)
20%
1 (20%)

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Related Lists for SKF

Machinery Companies , Sweden Companies