Rollon Group

The Timken Company acquired Rollon Group, a specialist in linear motion solutions, from Chequers Capital and IGI Private Equity. Rollon has over 600 employees and operations in Italy, Germany, and the United States.

The Timken Company has reached an agreement to acquire Cone Drive, a leader in precision drives for solar, automation, and other markets. Cone Drive's 2018 sales are expected to be slightly above $100 million. The transaction is expected to close near the end of August 2018.