Timken to acquire Spinea, expanding robotics and automation offering
The Timken Company has agreed to acquire Spinea, a European manufacturer of cycloidal reduction gears and actuators for high-precision automation and robotics. The transaction is expected to close in several weeks.
Productscycloidal reduction gearsactuators
“Spinea's well-established position in highly demanding robotics applications will increase our presence in the growing automation space.”news.timken.com
- 5 sources
- news.timken.comTimken to Acquire Spinea, Expanding Its Robotics and Automation Offering in Attractive and Growing End Market Sectors - Apr 29, 2022Apr 29, 2022
- prnewswire.comTimken to Acquire Spinea, Expanding Its Robotics and Automation Offering in Attractive and Growing End Market SectorsThe Timken CompanyApr 29, 2022
- drivesncontrols.comTimken buys Spinea to boost robotics and automation portfolio - Drives&ControlsdrivesMay 3, 2022
- spinea.comSPINEA Executes Acquisition Agreement with Timken – A Global Leader in Engineered Bearings and Power Transmission - SPINEA - Excellence in motionmarketingMay 5, 2022
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