# Timken to acquire Nadella Group from ICG

The Timken Company has reached an agreement to acquire Nadella Group, a European manufacturer of linear motion products, from ICG plc. The transaction is expected to close in Q1 2023.

- Type: Acquisition
- Announced: 2023-01-30
- Where: Hiddenite and Morganton, North Carolina, United States
- Jobs: 190
- Status: announced
- Products: linear guides, telescopic rails, actuators, industrial motion solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Timken](https://endata.com/companies/1700.md) (acquirer)
- [ICG](https://endata.com/companies/6619.md) (partner)
- [Nadella Group](https://endata.com/companies/68182.md) (target)
- [American Roller Bearing Company](https://endata.com/companies/68244.md) (target)

## Sources

- [news.timken.com](https://news.timken.com/2023-01-30-Timken-to-Expand-Linear-Motion-Portfolio-With-the-Acquisition-of-Nadella-Group-From-ICG), 2023-01-30: "Nadella will complement and scale our linear motion product portfolio and deliver strong synergies with our Rollon business."
- [news.timken.com](https://news.timken.com/2023-02-01-Timken-Acquires-American-Roller-Bearing-Company), 2023-02-01: "ARB's end-market mix, customer base and aftermarket position fit our Timken business model extremely well."

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