SKF to Buy Austrian Industrial Seals Co.

SKF has signed a Memorandum of Understanding to acquire Austrian industrial seals company Economos Austria GmbH from Salzer Holding GmbH. Economos will be part of SKF Sealing Solutions, a unit within the Automotive Division.Economos Group sales for the year ending December 2005 were 77 million Euros (US$97.7 million) with 899 employees. Economos’s main market is […]

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