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giant of engineering SKF at fought to support growth with acquisitions. According to Bloomberg News, Christian Johansson, chief financial officer of the company, during the day of the financial markets in Germany.
The segments that it can be useful to acquire are wind energy, rail and machine tools. Current geography indicates that India, China and Japan are of particular interest.
CEO Alrik Danielson also said that SKF is growing faster than the market. He added that SKF had achieved all financial goals, in addition to achieving a net capital of 25%. However, he says he wants to be sure to achieve this goal thanks, among other things, to more flexibility and a new logistics solution.
Since the acquisition of Kaydon 2013 for $ 1.25 billion, SKF only bought two companies: two small businesses with sales below 10 MSEK and 16 employees. However, in the last three or four years, seven major divestments have been made in accordance with the company's website (which does not currently include divestment in the so-called linear acceleration operations announced this summer ).
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