SKF Buys Industrial Seals Company; On Acquisition Trail in Europe
SKF, G’teborg, Sweden, has acquired for $21 million 51% of the shares of the North American seals company Macrotech Polyseal Inc. As part of the agreement SKF will acquire the remaining 49% within three years. Macrotech is a leader in fluid power seals based on polyurethane (PU) technologies and engineered plastics (mainly PTFE – PolyTetraFluoroEthylene) […]
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