Timken to buy Groeneveld Group

Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Non-Bank Loans, Working Capital

NORTH CANTON, Ohio – Timken has announced it has reached an agreement to acquire automatic lubrication system manufacturer Groeneveld Group. The deal is worth about US$280 million. “The acquisition of Groeneveld will further expand our presence in the automatic lubrication…