Timken grows in automatic systems with Beka Lubrication acquisition

Posted 23 January 2020
lubrificazione Timken acquisizione Beka

The Timken Company has reached an agreement to acquire Beka Lubrication, a leading global supplier of automatic lubrication systems, for approximately $165 million.

The company serves a diverse range of industrial sectors including wind, food and beverage, rail, on- and off-highway and other process industries. Beka sales are expected to be around $135 million for the full year 2019. The acquisition of Beka expands Timken’s global footprint in the highly attractive automatic lubrication systems market sector, increasing its geographic scale and market coverage in Europe and Asia and creating new opportunities to serve wind and other industrial end markets more fully.

Family owned and operated since its founding in 1927, Beka is headquartered in Pegnitz, Germany. The company offers automatic and central lubrication systems and employs approximately 900 people, with manufacturing, research and development based in Germany, and assembly facilities and sales offices around the world.

Timken first entered the automatic lubrication market in 2013 with the acquisition of Interlube and then significantly expanded its portfolio and global reach through the acquisition of Groeneveld in 2017. Timken is thus expecting to realize significant synergies, margin expansion and revenue growth opportunities through the combined Groeneveld-Beka business.



Contenuti correlati

  • Synergies in high pressure pumps, Udor acquires Hughes Pumps Ltd.

    The Rubiese company Udor, a global manufacturer of diaphragm pumps and piston pumps, has acquired the English company Hughes Pumps Ltd. Hughes has been producing high pressure piston pumps since 1970 and boasts a range of very...

  • wenglor acquisizione deevio AI machine vision elaborazione immagini
    AI and data science in machine vision, wenglor acquires deevio

    With the acquisition of software developer deevio, the wenglor sensoric group, based in Tettnang, Germany, is gaining greater know-how in artificial intelligence (AI) and data science while also creating new opportunities for future innovations in the field...

  • Duplomatic MS acquisizione Germania cilindri oleodinamici Till Hydraulik Philipp Acon
    Acquisition in hydraulic cylinders for Duplomatic MS in Germany

    Duplomatic MS Spa, a company within the Daikin Group, announces a significant development in Germany: Günther Till GmbH & CO. KG, a well-known German cylinder manufacturer and already a part of Duplomatic MS since December 2021, has...

  • Dürr acquisizione CPM centro competenza final assembly automotive
    Dürr invests in the know-how of Italian CPM in the final assembly

    The German Dürr Group has consolidated its presence in Italy by finalizing the acquisition of the Turin-based subsidiary CPM S.p.A. The Beinasco-based company, which over the years has become a global reference point in the realization of...

  • Vigel manufacturing technologies acquires Gildemeister
    Vigel acquires vertical turning machines line from Gildemeister

    Vigel Manufacturing Technologies, an Italian company operating in manufacturing technologies for the industrial sector and globally recognized among the pioneers of Multi-spindle machining centers technology, has announced the acquisition of ‘CTV 3rd Generation’ product line from the...

  • RS Group acquisizione distributore digitale Distrelec
    Digital distribution, RS Group completes acquisition of Distrelec

    RS Group plc, a global provider of product and service solutions, expands its presence in continental Europe with the acquisition of Distrelec, a high-service, digital-led distributor of industrial and maintenance, repair and operations (MRO) products, for a...

  • Marposs acquisizione Solarius sistemi metrologia misura ottica industria semiconduttori
    Metrology and inspection in semiconductors, Marposs acquires Solarius

    Marposs, the Italian company specialized in measurement and process monitoring technologies, announces the acquisition of Solarius Development, a leading provider of high-tech manufacturing solutions for the consumer electronics and semiconductor industry. Both segments are of strategic importance...

  • Esab acquisizione Swift Cut automazione taglio plasma waterjet
    CNC plasma and waterjet cutting, Esab acquires Swift-Cut

    To grow its leadership in the global fabrication, cutting equipment and consumables markets, Esab has acquired Swift-Cut, a leading manufacturer of light industrial CNC plasma and waterjet cutting machines based near Birmingham, England. “Swift-Cut solutions enable fabricators...

  • Coval vacuum technology joins Piab Group
    Vacuum automation, Coval joins the Piab Group

    Coval has decided to join the Piab Group. Coval is a major global player in vacuum automation components and systems. With more than 35 years of history, Coval adds a solid portfolio of premium products, highly experienced...

  • Bosch Rexroth idraulica compatta acquisizione HydraForce
    Compact hydraulics, Bosch Rexroth completes HydraForce acquisition

    Bosch Rexroth announces the completion of the acquisition of hydraulics specialist HydraForce , a company based in Lincolnshire, Illinois (USA). The operation was announced in July 2022 and strengthens Bosch Rexroth’s footprint in North America and expands...

Scopri le novità scelte per te x