• Hello Customer - Log in or Register!
Date: 2013-08-01

SKF Completes RC DEI Norge Acquisition

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


Previous: Kaydon Reports First Quarter 2006 Results
Next: NSK Brazil Pressing Aftermarket Sales

Hot Products:
Product Model Inside Diameter Outside Diameter Thickness
12J01 bearing 32.18 44.07 4.76
11J03 bearing 30.2 46.08 6.35
【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.