M&A Deal Summary

Timken Acquires Aurora Bearing

On December 1, 2020, Timken acquired manufacturer Aurora Bearing

Acquisition Highlights
  • This is Timken’s 12th transaction in the Manufacturing sector.
  • This is Timken’s 23rd transaction in the United States.
  • This is Timken’s 3rd transaction in Illinois.

M&A Deal Summary

Date 2020-12-01
Target Aurora Bearing
Sector Manufacturing
Buyer(s) Timken
Deal Type Add-on Acquisition

Target

Aurora Bearing

Montgomery, Illinois, United States
Aurora Bearing Co. manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment, and packaging. Aurora Bearing was founded in 1971 and is based in Montgomery, Illinois.

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Buyer(S) 1

Buyer

Timken

North Canton, Ohio, United States

Category Company
Founded 1899
Sector Machinery
Employees19,000
Revenue 4.8B USD (2023)
DESCRIPTION
Entrance to Timken's corporate headquarters in North Canton, Ohio.
Entrance to Timken's corporate headquarters in North Canton, Ohio.

Timken 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 founded in 1899 and is based in North Canton, Ohio.


DEAL STATS #
Overall 30 of 40
Sector (Manufacturing) 12 of 18
Type (Add-on Acquisition) 26 of 35
State (Illinois) 3 of 3
Country (United States) 23 of 28
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-16 BEKA Lubrication

Mississauga, Ontario, Canada

BEKA Lubrication, Inc. is a provider of automatic lubrication systems. The company serves a diverse range of industrial sectors including wind, food and beverage, rail, on- and off-highway and other process industries. BEKA Lubrication is based in Mississauga, Canada.

Buy $165M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-20 Rollon-iMS

Norton Shores, Michigan, United States

Rollon-iMS is a designer and manufacturer of standard and custom machinery, primarily for the automation industry and across many applications. Rollon-iMS was founded in 2008 and is based in Norton Shores, Michigan.

Buy -