# Timken India to acquire ABC Bearings in India via merger

Timken India Ltd., a majority-owned subsidiary of The Timken Company, agreed to merge with ABC Bearings Ltd., a maker of tapered, cylindrical and spherical roller bearings based in Mumbai with plants in Bharuch and Dehradun, in a share-based deal subject to Indian approvals.

- Type: Acquisition
- Announced: 2017-07-05
- Where: Bharuch, Gujarat and Dehradun, Uttarakhand, India
- Status: announced
- Products: tapered roller bearings, cylindrical roller bearings, spherical roller bearings, slewing rings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Timken India](https://endata.com/companies/1699.md) (acquirer)
- [Timken](https://endata.com/companies/1700.md) (partner)
- [ABC Bearings](https://endata.com/companies/1701.md) (target)

## Sources

- [news.timken.com](https://news.timken.com/2017-07-05-Timken-to-Acquire-ABC-Bearings-Ltd-Further-Expanding-Its-Global-Reach), 2017-07-05: "The Timken Company ... today announced that its majority-owned subsidiary, Timken India Ltd., has entered into a definitive agreement to acquire ABC Bearings Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
