# SKF acquires 2C Composites to strengthen magnetic bearings offer

SKF has signed an agreement to acquire 2C Composites, a German supplier of high-performance fibre composite components for magnetic bearings.

- Type: Acquisition
- Announced: 2023-11-21
- Where: Germany
- Status: announced
- Products: magnetic bearings, fibre composite tubes, rotors, rolls, braided sleeves
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SKF](https://endata.com/companies/4959.md) (acquirer)
- [2C Composites](https://endata.com/companies/73932.md) (target)

## Sources

- [bearing-news.com](https://www.bearing-news.com/skf-strengthens-magnetic-bearings-offer-by-acquiring-fibre-composite-company/), 2023-11-21: "This acquisition will help us to further grow and develop our magnetic bearings business."

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