Timken Acquires Interlube Systems
March 18, 2013
The Timken Co. announced its acquisition of Interlube Systems Ltd., which makes and markets automated lubrication delivery systems and related components to end market sectors including commercial vehicles, construction, mining, and heavy and general industries.
With 2012 sales of approximately $13 million and 90 employees, Interlube is based in Plymouth, U.K., and has an operation in Dayton, Ohio, and a joint venture in Zhuhai, China. The purchase also includes MSP Distributors Ltd., based in Cheltenham, U.K., which was acquired by Interlube in 2007.
During the past two years, Timken has added a number of new products and services, including roller drive chain, gearbox repair and motor rewind services.
Interlube focuses on critical applications where an automated lubrication system can help extend up-time and reduce maintenance costs for end users, a key strength of Timken as well.