Industrial M&A » By The Online Investor Staff, updated Wed., May. 1, 10:28 PM
Recent mergers and acquisitions in the Industrial M&A category.
Slide #14. The Timken Company — Schulz Group
Acquirer: |
The Timken Company (NYSE:TKR) |
Acquiree: |
Schulz Group |
Details: |
The Timken Company (NYSE: TKR; www.timken.com) today announced the further expansion of its industrial services capabilities with the acquisition of assets from the Schulz Group, based in New Haven, Conn. |
Timken designs and manages a portfolio of engineered bearings and power transmission products and services. Co.'s portfolio features several brands, including Timken®, Philadelphia Gear®, Drives®, Cone Drive®, Rollon®, Lovejoy®, Diamond®, BEKA® and Groeneveld®. Co. sells products and services to various customer base globally, including customers in the following market sectors: industrial distribution, automotive, aerospace, rail, renewable energy, agriculture/turf, on-highway aftermarket, mining, construction, heavy truck, metals, fossil fuels, and marine. Co. manufactures and manages supply chains for various product lines including engineered bearings and power transmission products.
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Company Name: |
Timken Co. (The) |
Website: |
www.timken.com |
Sector: |
Industrial Machinery & Equipment |
Number of ETFs Holding TKR: |
64 |
Total Market Value Held by ETFs: |
$969.20M |
Total Market Capitalization: |
$6.08B |
% of Market Cap. Held by ETFs: |
15.94% |
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May 1, 2024 10:28 PM Eastern
Buy (2.70 out of 4)
13rd percentile
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