Timken India Ltd. completed its acquisition of ABC Bearings Ltd.

Sep 22, 2018
Mergers and Acquisitions
Background Information
the Timken Co As a global industrial technology leader, we apply our deep knowledge of metallurgy, friction management and power transmission to improve the reliability and efficiency of machinery all around the world. We engineer, manufacture and market mechanical components and high-performance steel. Our bearings, engineered-steel bars and tubes -- as well as transmissions, gearboxes, chain and related products and services -- support diversified markets worldwide.
Timken India Ltd. engages in the manufacture and distribution of tapered roller bearings, components, and accessories. It also offers maintenance and refurbishment services. The company was founded on June 15, 1987 and is headquartered in Bangalore, India.
ABC Bearings Ltd. engages in the manufacturing of bearings in India. The company produces taper roller bearings, cylindrical roller bearings and slewing bearings, which are used by automobiles, general engineering, railways, electrical applications, pumps, fans and agricultural machineries. Its products are also used in cars, multi utility vehicles, light commercial vehicles, heavy commercial vehicles and tractors. The company was founded on May 30, 1961 and is headquartered in Mumbai, India.