Date: 2013-08-01

SKF Group to acquire Blohm + Voss Industries GmbH

SKF announced they have signed an agreement to acquire German-based ship components provider Blohm + Voss Industries (BVI) from Star Capital Partners. SKF will pay 80 MEUR for 100% of the equity of BVI and assumes net loans/cash of 18 MEUR. The transaction is subject to relevant regulatory approvals. The acquisition is in line with SKF

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