SKF acquires lubrication filtration business

GÖTEBORG,Sweden,Sept. 1,2021 -- SKF has completed the acquisition of EFOLEX AB,a Gothenburg-based manufacturer of the Europafilter-branded industrial lubrication and oil filtration systems.

EFOLEX offers offline filtration systems used in process manufacturing and energy industries. They currently have approximately 10 employees.

Thomas Fröst,President,Industrial Technologies,says: "In addition to being an interesting stand-alone product,the Europafilter technology is a good strategic fit with SKF RecondOil's Double Separation Technology offer and will widen our overall lubrication management capabilities."

Aktiebolaget SKF

CONTACT:

For further information,please contact:

PRESS: Carl Bjernstam,Corporate Communication

tel: 46 31337 2517;mobile: 46 722-201893;e-mail: carl.bjernstam@skf.com

INVESTOR RELATIONS: Patrik Stenberg,Head of Investor Relations

Patrik Stenberg,46 31-337 2104; 46 705-472 104; patrik.stenberg@skf.com

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20210901 SKF acquires lubrication filtration business

https://news.cision.com/skf/i/gotaholm,c2949170

Gotaholm

https://news.cision.com/skf/i/thomas-frost,c2949171

Thomas Frost