SKF acquires leading specialist in servo gears for the printing industry

SKF acquires leading specialist in servo gears for the printing industry SKF has acquired Scandrive Control AB, a leading Swedish manufacturer of integrated servo gears for the printing industry. Based in Kolbäck, near Västerås, and with 22 employees Scandrive has yearly sales of some 30 MSEK. Scandrive manufactures compact integrated actuation units incorporating a servo gear technology. These units are specially developed for high speed and high quality offset printing presses. Scandrive will be part of the Printing Business Unit within SKF Industrial Division. This new assortment complements SKF's offering to the printing industry, thus strengthening SKF's position as a leading supplier to this customer segment. Göteborg, April 22, 2003 Aktiebolaget SKF (publ.) For further information, please contact: Lars G Malmer, SKF Group Communication, tel. +46 (0)31 337 1541, e-mail: Lars.G.Malmer@skf.com Aktiebolaget SKF, SE-415 50 Göteborg, Sweden, tel. +46 (0)31 337 1000, fax +46 (0)31 337 2832, www.skf.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/22/20030422BIT00380/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/22/20030422BIT00380/wkr0002.pdf