M&A Deal Summary

Timken Acquires BEKA Lubrication

On September 16, 2019, Timken acquired machinery company BEKA Lubrication for 165M USD

Acquisition Highlights
  • This is Timken’s 8th transaction in the Machinery sector.
  • This is Timken’s 7th largest (disclosed) transaction.
  • This is Timken’s 2nd transaction in Canada.
  • This is Timken’s 1st transaction in Ontario.

M&A Deal Summary
Date 2019-09-16
Target BEKA Lubrication
Sector Machinery
Buyer(s) Timken
Deal Type Add-on Acquisition
Deal Value 165M USD

Target

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.

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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 29 of 40
Sector (Machinery) 8 of 11
Type (Add-on Acquisition) 25 of 35
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2019) 2 of 2
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Diamond Drives

Indianapolis, Indiana, United States

Diamond Drives is a manufacturer of roller chain, carefully designing, fabricating, and assembling each component so that the finished product exceeds both industry standards and customer expectations. Diamond Drives was founded in 1890 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 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.

Buy -
Mergr

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