4500 Mount Pleasant St. N.W.,
North Canton,
Ohio 44720
United States,
(234) 262-3000
www.timken.com
The Timken Company designs, engineers, manufactures and markets Timken bearings, transmissions, gearboxes, chain and related products, and offers a spectrum of power system rebuild and repair services around the world. Timken was formed in 1899 and is based in Canton, Ohio.
| Year | ≤ '12 | '13 | '14 | '15 | '16 | '17 | T | |
|---|---|---|---|---|---|---|---|---|
| Buy (2.6/yr) | # | 12 | 4 | 2 | 1 | 2 | 4 | 25 |
| vol | $1.5B | $66M | $280M | $1.9B | ||||
| Sell (0.4/yr) | # | 2 | - | 1 | 1 | - | - | 4 |
| vol | $545M | $545M | ||||||
| 29 | ||||||||
| Financial | Deals |
|---|---|
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1 |
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1 |
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1 |
| Legal | Deals |
|---|---|
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3 |
| Buy | # | TOTAL |
|---|---|---|
| > $1B | Sign-up to View | |
| $100M to $1B | Sign-up to View | |
| < $100M | Sign-up to View | |
| TOTAL | Sign-up to View | |
| Largest |
The Torrington Company $840M (2003-02-18) |
|
| Sell | # | Total |
|---|---|---|
| > $1B | Sign-up to View | |
| $100M to $1B | Sign-up to View | |
| < $100M | Sign-up to View | |
| Total | Sign-up to View | |
| Largest |
Needle Roller Bearings Business $330M (2009-07-29) |
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According to our data here at Mergr, The Timken Company has acquired 26 companies, including 13 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 4 assets.
The Timken Company’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. The Timken Company has acquired in 13 different US states, and 5 countries. The Company’s most targeted sectors include manufacturing (40%) and aerospace (20%).
When analyzing the machinery sector as a whole, according to Mergr, in the last 3 years, there are 279 machinery companies that have made at least 1 acquisition, 20 have acquired at least 5 companies, and 5 have acquired more than 10 companies. The most prolific strategic machinery acquirer over the past 3 years is Atlas Copco AB, with 13 acquisitions. The most prolific private equity acquirer in the machinery sector over the past 3 years is Deutsche Beteiligungs AG with 4 platform acquisitions.
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