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Gates acquires Timken's belts business

PUBLIC · GTESOct 06, 2026

Acquiring Company

Gates Industrial Corporation plc

Acquired Company

Timken Gears & Services

DenverPuneManufacturingManufacturing

Description

Gates Industrial has completed its acquisition of The Timken Company's belts business, enhancing its manufacturing capacity in North America. This acquisition includes selected manufacturing assets and an operational control of a facility in San Jose Iturbide, Mexico. Gates aims to integrate the new operations into its existing distribution network. The transaction also brings new employees from Timken's belts business to Gates.

Company Information

Company

Gates Industrial Corporation plc

Location

Denver, Colorado, United States

About

Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment manufacturers ("first-fit") as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries to everyday consumer applications including virtually every form of transportation. Our products are sold in more than 130 countries across our four commercial regions: the Americas; Europe, Middle East & Africa; Greater China; and East Asia & India.

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Frequently asked

Who acquired Timken Gears & Services?

Timken Gears & Services was acquired by Gates Industrial Corporation plc, based in Denver. The deal was reported on October 6, 2026. Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates Industrial Corporation plc is publicly traded (GTES) and operates in Manufacturing.

When did Gates Industrial Corporation plc acquire Timken Gears & Services?

Gates Industrial Corporation plc's acquisition of Timken Gears & Services was reported on October 6, 2026. Gates Industrial has completed its acquisition of The Timken Company's belts business, enhancing its manufacturing capacity in North America. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Timken Gears & Services do?

Timken GGB Technology Private Limited is a wholly owned subsidiary of Timken India Limited. It specializes in the manufacturing and distribution of high-performance engineered bearing solutions. It is privately held, operating in Manufacturing, and is based in Pune.

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