Timken completes GGB Bearings acquisition

By Mike Brezonick07 November 2022

The Timken Co., a global supplier of engineered bearings and industrial motion products, has completed its acquisition of GGB Bearings from EnPro Industries. No financial details were provided.

GGB Bearings Timken announced it has completed it acquisition of GGB Bearings, a supplier of tribological bearings, coatings and assemblies for off-highway equipment and other applications. (Photo: GGB)

Founded in 1899, GGB Bearings serves a variety of diverse customers, markets, geographies and applications with a product portfolio that includes tribological bearings, coatings and assemblies that Timken said complements its existing engineered bearing solutions.

GGB Bearings’ revenue is expected to be around $200 million in fiscal year 2022. First announced in September, the acquisition includes GGB’s manufacturing facilities in the United States, Europe and China. GGB Bearings employs approximately 900 people and has a global engineering, distribution and sales footprint.

GGB Bearings’ products are used mainly in industrial applications, including pumps and compressors, construction and agricultural equipment, energy, material handling and aerospace.

Latest News
Tribonex strengthens global market position
Supports growth of surface treatment technology in mobility, industrial and energy sectors
How far are we into construction’s autonomous pathway?
Construction’s path to autonomy is underway and, while a fully autonomous jobsite is far away on the horizon, the benefits of this technology are being felt today, writes Andy Brown
Zero emissions to make up half of all commercial vehicles by 2040
U.S. vehicle adoption rates point to ZEVs reaching 25% by 2030