US EditionSKF completes previously announced divestment of its ring and seal operation in Hanover, USA - PressReach
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SKF completes previously announced divestment of its ring and seal operation in Hanover, USA - PressReach
GOTHENBURG, Sweden, April 14, 2025 /PRNewswire/ — SKF has completed the previously announced divestment of its ring and seal operation in Hanover, Pennsylvania, USA, to Carco PRP Group for a total enterprise value of USD 215 million, corresponding to approximately SEK 2.1 billion. The divestment will result in a capital gain amounting to approximately SEK 0.8 billion in Q2 and will be reported as Items affecting comparability. “We are committed …
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