M&A Deal Summary

Timken Acquires QM Bearings and Power Transmission

On July 19, 2010, Timken acquired manufacturer QM Bearings and Power Transmission

Acquisition Highlights
  • This is Timken’s 3rd transaction in the Manufacturing sector.
  • This is Timken’s 10th transaction in the United States.
  • This is Timken’s 1st transaction in Washington.

M&A Deal Summary

Date 2010-07-19
Target QM Bearings and Power Transmission
Sector Manufacturing
Buyer(s) Timken
Deal Type Add-on Acquisition

Target

QM Bearings and Power Transmission

Ferndale, Washington, United States
QM Bearings and Power Transmission, Inc. is a manufacturer of spherical steel housed units and elastomeric couplings for industrial applications.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Timken

North Canton, Ohio, United States

Category Company
Founded 1899
Sector Machinery
Employees19,000
Revenue 4.6B USD (2024)
DESCRIPTION
Timken's corporate headquarters in North Canton, Ohio.
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 10 of 40
Sector: Manufacturing M&A 3 of 18
Type: Add-on Acquisition M&A Deals 10 of 35
State: Washington M&A 1 of 2
Country: United States M&A 10 of 28
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-29 JTEKT - European NRB Business

Vierzon, France

JTEKT Corp's European needle roller bearing business (NRB) serves automotive, industrial, and aerospace & defense customers. JTEKT Corp's European needle roller bearing business is based in Vierzon, France.

Sell $330M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-27 Philadelphia Gear

King of Prussia, Pennsylvania, United States

Philadelphia Gear is a global manufacturer and service provider of gear drives, drive components, inspection and repair services, as well as on-site technical services.

Buy $200M