SKF AB (Sweden) has completed acquiring the 50% of RC DEI a.s. it did not already own.
SKF had owned 50% of the joint venture Norwegian industrial maintenance company through its DEI (UK) subsidiary. The other 50% was held by the investment company AGR Group. SKF acquired all of AGR Group's holdings for an undisclosed amount. The RC DEI venture home office is in Norway, while DEI's home office is in Aberdeen, Scotland.
RC DEI a.s. was formed as a joint venture of RC Consultancy Ltd. and Development Engineering International (DEI). DEI was acquired by SKF in 1999 and is part of SKF Reliability Systems.
RC DEI is primarily in the North Seal oil and gas support market, where it provides condition-based maintenance services and maintenance optimization plans. The company's main clients include North Sea offshore oil and gas producers, power generation facilities, and the water and paper/pulp industries. 2005 sales were approximately £960,000 (USD $1.8 million).
Phil Knights, SKF Service Division President, said: "This acquisition is a further step in strengthening SKF
Product Model | Inside Diameter | Outside Diameter | Thickness |
12J01 bearing | 32.18 | 44.07 | 4.76 |
11J03 bearing | 30.2 | 46.08 | 6.35 |