Drives - Ownership and Business Overview

ManufacturingCompany

Drives Ownership

Who owns Drives?

Drives is owned by The Timken Company. It was acquired on August 31, 2011.

Was Drives formerly PE-backed?

Yes. Drives was formerly owned by 2 private investors.

Drives Business Overview

Where is Drives headquartered?

Drives is headquartered in Fulton, Illinois.

How many employees does Drives have?

Drives has 430 employees.

What sector is Drives in?

Drives is a manufacturing company.

When was Drives founded?

Drives was founded in 1959.

Manufacturing M&A Summary in 2011

Out of 60 sectors in the Mergr database, manufacturing ranked 8 in number of deals in 2011. The largest manufacturing acquisition in 2011 was CLYDEUNION Pumps - which was acquired by SPX Technologies for $1.2B.

Join Mergr to view all 180 acquisitions of manufacturing companies in 2011, including 75 acquisitions by private equity firms, and 105 by strategics.

Drives LLC

901 19th Avenue ,
Fulton, Illinois 61252
United States,
(815)589-2211
www.drivesinc.com

Drives is a manufacturer of ANSI precision roller chain, pintle chain, agricultural conveyor chain, engineering class chain, oil field roller chain and auger products, serving markets around the world. Drives LLC was formed in 1959 and is based in Fulton, Illinois.


Company Summary

SECTOR

Manufacturing

Revenue

100   2010
(millions of USD)

Employees

430

Established

1959

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