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SKF Completes Acquisition of John Sample Group
SKF has completed the previously announced acquisition of John Sample Group’s (JSG) Lubrication and Flow Management businesses. JSG is a well- established lubrication system and full-service solutions provider founded in 1921. “We’re glad to welcome our new colleagues from JSG to SKF. This acquisition strengthens our regional capabilities in South-East-Asia and Oceania, with a particular focus on customers in engineered solutions, heavy industries and mobile equipment,” said Philipp Herlein, managing director, SKF Lubrication Management. JSG had approximately SEK 550 million ($71 million) of net sales in their latest fiscal year and 85 employees, with operations in Australia, New Zealand, Indonesia and Singapore. The company will be integrated into SKF’s existing lubrication management business.
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