Trade Resources Company News Timken Company Announced Wednesday Its Acquisition of Interlube Systems Ltd.

Timken Company Announced Wednesday Its Acquisition of Interlube Systems Ltd.

The Canton, Ohio-based Timken Company announced Wednesday its acquisition of Interlube Systems Ltd., which makes and markets automated lubrication delivery systems and related components to end market sectors including commercial vehicles, construction, mining, and heavy and general industries.

With 2012 sales of approximately $13 million and 90 employees, Interlube is based in Plymouth, U.K., has an operation in Dayton, Ohio, and a joint venture in Zhuhai, China. The purchase also includes MSP Distributors Ltd., based in Cheltenham, U.K., and acquired by Interlube in 2007, which designs, installs and repairs lubrication systems.

Interlube focuses on critical applications where an automated lubrication system can help extend up-time and reduce maintenance costs for end users.

Source: http://www.steelorbis.com/steel-news/latest-news/timken-company-acquires-uk_based-interlube-systems-746548.htm
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Timken Company Acquires UK-Based Interlube Systems
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