Timken M&A Summary
Timken has acquired 43 companies, including 11 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 JTEKT - European NRB Business to JTEKT for $330M. Timken has acquired in 17 different US states, and 8 countries. The Company’s most targeted sectors include manufacturing (45%) and machinery (28%).
M&A Summary
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M&A Total Activity46
- M&A Buy Activity40
- M&A Sell Activity6
- Total Sectors Invested 7
- Total Countries Invested 8
- M&A Buy/Sell Connections 22