GOTHENBURG, Sweden, November 8, 2023 /PRNewswire/ — SKF has signed an agreement to acquire 2C Composites, a German supplier of high-performance composite fibers. Through this acquisition, SKF will secure the supply of a leading and unique composite layer technology that will strengthen the Group’s magnetic bearing offering.
2C Composites produces tubes, rotors, rolls and braided sleeves by braiding, cutting and melting carbon and ceramic fibers in self-developed machines. The products are used in various applications, for example in the high-speed electric motor industry.
Frédéric Ponson, Director of SKF Magnetic Bearings, said: “This acquisition will help us continue to grow and expand our magnetic bearings business. 2C Composites has developed a leading and unique composite layer technology which in addition to strengthening our magnetic bearing offering to existing customers. , also has the potential to grow the business with promising additional revenue streams.
One of SKF’s technology growth areas is magnetic bearings. In 2022, the Group recorded record order intake for these products of more than 1 trillion SEK.
The limited company SKF
(publication)
CONTACT:
For more information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
such. : 46 31-337 2517; mobile: 46 722-201 893; E-mail: carl.bjernstam@skf.com
INVESTOR RELATIONS: Patrick StenbergHead of Investor Relations
such. : 46 31-337 2104; mobile: 46 705-472 104; patrik.stenberg@skf.com
The following files are available for download:
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20231108 SKF strengthens its magnetic bearing offering by acquiring a fiber composites company |
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https://news.cision.com/skf/i/skf-s2m-magnetic-bearing,c3236522 |
SKF S2M magnetic bearing |
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Frédéric Ponson |
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