Browsing Tag
SKF
6 posts
Why did SKF sell its Elgin aerospace plant—and what it means for the future of aircraft bearings
SKF has sold its Elgin aerospace business to Carco PRP Group for $75M to sharpen focus on core bearing systems. Find out what this means for the industry.
February 2, 2026
SKF (STO: SKF-B) exits Elgin aerospace business in $75m deal with Carco PRP Group
SKF completes sale of its Elgin aerospace unit to Carco PRP Group for USD 75 million. Find out how this reshapes its aviation strategy and competitive focus.
February 2, 2026
SKF unveils first bearings designed for circular performance
SKF has redefined industrial sustainability with the introduction of SKF Infinium bearings, the first bearing series purpose-built for…
November 29, 2024
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…
October 31, 2024
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,…
July 7, 2024
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,…
August 15, 2023