SKF makes strategic acquisition to strengthen its lubrication management capabilities
Gothenburg, 14 August 2024: SKF has signed an agreement to acquire John Sample Group’s (JSG) Lubrication and Flow Management businesses. JSG is a well established provider of lubrication management systems and services. The acquisition further strengthens SKF’s offering in an identified growth segment, as well as its business operations in the expansive India and South-East Asia (ISEA) region. More than half of all premature bearing failures are caused by poor lubrication and contamination. This means that lubrication is a critical aspect in machine reliability with a direct and profound