M&A Deal Summary

SKF Acquires John Sample Group - Lubrication and Flow Management Business

On August 14, 2024, SKF acquired business services company John Sample Group - Lubrication and Flow Management Business from John Sample Group

Acquisition Highlights
  • This is SKF’s 2nd transaction in the Business Services sector.
  • This is SKF’s 1st transaction in Australia.

M&A Deal Summary

Date 2024-08-14
Target John Sample Group - Lubrication and Flow Management Business
Sector Business Services
Buyer(s) SKF
Sellers(s) John Sample Group
Deal Type Divestiture

Target

John Sample Group - Lubrication and Flow Management Business

Milperra, Australia
John Sample Group's Lubrication and Flow Management Business provides lubrication services.

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Buyer(S) 1

Buyer

SKF

Gothenburg, Sweden

Category Company
Founded 1907
Sector Machinery
Employees41,433
Revenue 103.9B SEK (2023)
DESCRIPTION

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.


DEAL STATS #
Overall 12 of 12
Sector (Business Services) 2 of 2
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-08 2C Composites

Heinsberg, Germany

2C Composites is a German high-performance fiber composite supplier that produces tubes, rotors, rolls, and braided sleeves by braiding, cutting, and melting both carbon and ceramic fibers in self-developed machinery. 2C Composites is based in Heinsberg, Germany.

Buy -

Seller(S) 1

SELLER

John Sample Group

Milperra, Australia

Category Company
Founded 1921
Sector Business Services
DESCRIPTION

John Sample Group serves a wide range of industries, including mining, construction and off-highway, pulp and paper, food and beverages, and transportation, across the product verticals Lubrication Systems and Instrumentation & Flow. John Sample Group was founded in 1921 and is based in Milperra, Australia.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2024) 1 of 1