SKF sells aerospace operation in the U.S.
18/08/2025 07:06
STOCKHOLM, Aug 18 (Reuters) - Swedish bearings maker SKF SKFb.ST said on Monday it had agreed to sell its non-core aerospace operation in Elgin in the U.S. to Carco PRP Group for a total estimated enterprise value of $70 million. (Reporting by Anna Ringstrom, editing by Louise Rasmussen) ((anna.ringstrom@thomsonreuters.com;))
Recent news on SKF AB
See all newsBearing maker SKF slips as soft outlook overshadows Q3 beat
Bearings maker SKF's profit slightly ahead of expectation, sees very volatile markets (updated)
Sweden's SKF misses Q3 sales, operating profit estimates
Brief: SKF Reports Q3 Sales of SEK 17.5 Billion, Below Estimate
Bearings maker SKF's adjusted operating profit slightly ahead of expectation