Timken to acquire GGB Bearing Technology for $305M

The Timken Company has signed an agreement to acquire GGB Bearing Technology from Enpro Industries for $305 million in cash. GGB is a global leader in metal-polymer plain bearings with expected fiscal 2022 sales of $200 million.

“The Timken Company has signed an agreement to acquire GGB Bearing Technology (GGB), a business unit of Impro Industries.”uniquebearing.com

• 1 source
• uniquebearing.comThe Timken Company To Acquire GGB Bearing Technology And Further Complete Its Lineup Of Engineered Bearings - News - Lasting BearingSep 22, 2022

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