SKF Group
Investments
1Partners & Customers
10About SKF Group
SKF Group (STO: SKF-B) manufactures ball bearings and other related products. It offers products such as rolling bearings, mounted bearings and housings, slewing bearings, industrial seals, and more. The company was founded in 1907 and is based in Goteborg, Sweden.
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Latest SKF Group News
Sep 8, 2023
SKF Fri, Sep 08, 2023 14:00 CET Gothenburg, 8 September 2023: In accordance with a resolution taken at the Annual General Meeting of AB SKF, this is to announce the members elected by the four largest shareholders by number of votes per 31 August 2023, who, together with the Chair of the Board constitute the Nomination Committee in preparation of the Annual General Meeting 2024. The Nomination Committee consists of: Marcus Wallenberg, FAM Hans Stråberg, Chair of the Board The Annual General Meeting of AB SKF will be held in Gothenburg on Tuesday, 26 March 2024. Shareholders who wish to submit proposals on members of the AB SKF Board, Board Chair, Board fees, Chair of the Annual General Meeting 2024 or amendments to the instruction for the Nomination Committee, may, at the latest two months before the Annual General Meeting 2024, contact the Chair of the Board of AB SKF on e-mail: chair@skf.com Aktiebolaget SKF PRESS: Carl Bjernstam, Head of Media Relations tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations tel: 46 31-337 2104; mobile: 46 705-472 104; patrik.stenberg@skf.com SKF is a world-leading provider of innovative solutions that help industries become more competitive and sustainable. By making products lighter, more efficient, longer lasting, and repairable, we help our customers improve their rotating equipment performance and reduce their environmental impact. Our offering around the rotating shaft includes bearings, seals, lubrication management, condition monitoring, and services. Founded in 1907, SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2022 were SEK 96,933 million and the number of employees was 42,641. www.skf.com ® SKF is a registered trademark of the SKF Group. Tags:
SKF Group Investments
1 Investments
SKF Group has made 1 investments. Their latest investment was in Canfield Technologies as part of their Other Investors on .
SKF Group Investments Activity
SKF Group Acquisitions
9 Acquisitions
SKF Group acquired 9 companies. Their latest acquisition was Tenute on November 09, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
11/9/2022 | Acquired | 4 | ||||
9/2/2021 | ||||||
8/31/2021 | ||||||
11/11/2019 | ||||||
10/7/2019 | Series A |
Date | 11/9/2022 | 9/2/2021 | 8/31/2021 | 11/11/2019 | 10/7/2019 |
|---|---|---|---|---|---|
Investment Stage | Series A | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 4 |
SKF Group Partners & Customers
10 Partners and customers
SKF Group has 10 strategic partners and customers. SKF Group recently partnered with Ningbo Rail Transit Group on August 8, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/24/2023 | Client | China | Ningbo Rail Transit chooses SKF technology for bearing life extension project Ningbo Rail Transit chooses SKF technology for bearing life extension project | 1 | |
6/29/2023 | Partner | China | SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings Gothenburg , 29 June 2023 : SKF Group and Sinoma Nitride , an industry-leading developer and producer of silicon nitride materials and ceramic balls , have entered into a Joint Venture contract to deepen their cooperation within hybrid ceramic ball bearings . | 1 | |
6/29/2023 | Partner | China | SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings GOTHENBURG , Sweden , June 29 , 2023 / PRNewswire / -- SKF and Sinoma Nitride , an industry-leading developer and producer of silicon nitride materials and ceramic balls , have entered into a Joint Venture contract to deepen their cooperation within hybrid ceramic ball bearings . | 5 | |
6/21/2023 | Client | ||||
5/30/2023 | Partner |
Date | 8/24/2023 | 6/29/2023 | 6/29/2023 | 6/21/2023 | 5/30/2023 |
|---|---|---|---|---|---|
Type | Client | Partner | Partner | Client | Partner |
Business Partner | |||||
Country | China | China | China | ||
News Snippet | Ningbo Rail Transit chooses SKF technology for bearing life extension project Ningbo Rail Transit chooses SKF technology for bearing life extension project | SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings Gothenburg , 29 June 2023 : SKF Group and Sinoma Nitride , an industry-leading developer and producer of silicon nitride materials and ceramic balls , have entered into a Joint Venture contract to deepen their cooperation within hybrid ceramic ball bearings . | SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings GOTHENBURG , Sweden , June 29 , 2023 / PRNewswire / -- SKF and Sinoma Nitride , an industry-leading developer and producer of silicon nitride materials and ceramic balls , have entered into a Joint Venture contract to deepen their cooperation within hybrid ceramic ball bearings . | ||
Sources | 1 | 1 | 5 |
SKF Group Team
16 Team Members
SKF Group has 16 team members, including current Chief Executive Officer, President, Tom Johnstone.
Name | Work History | Title | Status |
|---|---|---|---|
Tom Johnstone | Chief Executive Officer, President | Current | |
Name | Tom Johnstone | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | ||||
Status | Current |
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