SKF completes acquisition of John Sample Group to strengthen regional capabilities
Oct 31, 2024•about 1 year ago
Acquiring Company
SKF
Acquired Company
AB SKF
SwedenSwedenManufacturingSecuritymachineryDescription
SKF has successfully finalized the acquisition of John Sample Group's (JSG) Lubrication and Flow Management businesses. This strategic move enhances SKF's regional capabilities in South-East-Asia and Oceania, with a specific focus on customers in engineered solutions, heavy industries, and mobile equipment. The integration of JSG into SKF's existing lubrication management business further solidifies SKF's position in the market.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed