SKF completes strategic acquisition of John Sample Group’s lubrication division

SKF completes strategic acquisition of John Sample Group’s lubrication division

SKF has successfully completed the acquisition of John Sample Group’s (JSG) Lubrication and Flow Management businesses, a move first announced earlier this year. This strategic acquisition enhances SKF’s capabilities across South-East Asia and Oceania, focusing on sectors such as heavy industry, mobile equipment, and engineered solutions. Philipp Herlein, Managing Director of SKF Lubrication Management, expressed […]

SKF partners with SAP to transition to cloud, enhancing operational efficiency and sustainability

SKF partners with SAP to transition to cloud, enhancing operational efficiency and sustainability

SAP SE (NYSE: SAP), a global leader in business software solutions, has announced a significant partnership with SKF, a leading manufacturer of bearings and rotating equipment, to implement the RISE with SAP solution. This strategic move is aimed at future-proofing SKF’s global operations by simplifying its IT infrastructure and leveraging cutting-edge technologies such as artificial […]

Explosive revelation: Top Swedish company in crosshairs of Russian missiles

Explosive revelation: Top Swedish company in crosshairs of Russian missiles

In an alarming escalation of the Russia-Ukraine conflict, a barrage of Russian missiles rained down on north-western Ukraine, leaving three casualties in its wake. The victims were employees of the renowned Swedish bearing manufacturer, SKF, which boasts an extensive workforce of 1,100 in Ukraine. The firm’s Lutsk-based facility fell directly in the missile’s path, resulting […]