SKF has acquired Cirval S.A., a manufacturer of centralized lubrication systems. Cirval has annual sales of about $2.5 million and 60 employees.
The company has a strong position in engineering, product development and customized solutions, particularly for the steel industry. Its headquarters and manufacturing operation are in Rosario, Argentina.
SKF says the Cirval product line will strengthen its market position in Latin America in lubrications systems, complementing SKF’s current lubrication portfolio.
A regional application center for lubrication systems will be established to support the market as a complement to the existing local center in …
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