Triton acquires SKF Motion Technologies*

On 31 July 2018 the funds advised by Triton have signed an agreement to acquire the business unit SKF Motion Technologies* from SKF Group*. Triton intends to form a standalone company under a new brand.

The divestment is part of the SKF Group’s* efforts to focus on its core business and value propositions around the rotating shaft.

After a significant growth over the last years of each of its Product Lines (Linear Guides, Ball & Roller Screws as well as Actuation Systems), SKF Motion Technologies* sees this transaction as a strong opportunity to strategically develop further its market position. Thanks to its solid industry expertise, Triton will contribute in taking the new standalone company to the next level, through innovation, increased manufacturing capability, and geographical sales expansion.

*SKF Motion Technologies became EWELLIX in October 2019.