Thursday, October 28, 2010
SKF AB, Sweden, the world's largest manufacturer of industrial bearings, has agreed to acquire Lincoln Industrial, U.S., a leading provider of lubrication systems, from investment firm Harbour Group for USD 1 billion. Lincoln Industrial has annual sales of approximately USD 400 million and 2,000 employees.
Tuesday, October 26, 2010
Hexpol Acquires Excel Polymers
Hexpol, Sweden, a leading rubber compounding group, has acquired its U.S. competitor Excel Polymers for USD 212.5 million from ACI Capital and Lion Chemical Capital. Excel Polymers had sales of USD 284 million in 2009 and eight manufacturing facilities located in the U.S., Mexico, China and United Kingdom.
Monday, October 25, 2010
Nolato Acquires Contour Plastics
Nolato AB, Sweden, a manufacturer of plastic and rubber components for medical, telecommunications and other applications, has acquired Contour Plastics in Wisconsin for approximately USD 22 million. Contour Plastics is a supplier of injection molded plastic components to medical technology companies.