PR Newswire
GOTHENBURG, Sweden, Jan. 30, 2026
GOTHENBURG, Sweden, Jan. 30, 2026 /PRNewswire/ — SKF has completed the previously announced divestment of its precision elastomeric device (PED) operation in Elgin, Illinois, USA. The divestment is part of SKF’s strategic focus on its core aerospace areas and exit of non-core business lines.
Elgin is divested to Carco PRP Group for a total enterprise value of MUSD 75, corresponding to approximately MSEK 675. The divestment will result in a capital gain amounting to approximately BSEK 0.4 in Q1 and will be reported as items affecting comparability.
«This divestment concludes the strategic review for our aerospace business related to exiting non-core business lines. Our full focus is now on driving innovation and profitable growth in our remaining core aerospace business», says Hans Landin, President, Specialized Industrial Solutions.
Aerospace is a large, strategic segment for SKF with a share of Industrial sales corresponding to approximately 10 percent. Full focus going forward will be on the core areas aeroengine and aerostructure bearing offerings, which will be further strengthened by activities to improve operational efficiency, expand capabilities, integrate future technologies, as well as through increased modernization and capacities of the Group’s factories.
Previous press releases on similar topics:
18 August 2025: «SKF divests non-core aerospace operation in Elgin, USA» [link]14 April 2025: «SKF completes previously announced divestment of its ring and seal operation in Hanover, USA» [link]29 October 2024: «SKF divests non-core aerospace operation for USD 220 million» [link]
Aktiebolaget SKF (publ)
For further information, please contact:
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; [email protected] Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; [email protected]
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/skf/r/skf-completes-previously-announced-divestment-of-non-core-aerospace-operation-in-elgin–usa,c4300382
The following files are available for download:
https://mb.cision.com/Main/637/4300382/3909793.pdf 20260130 SKF completes previously announced divestment of non-core aerospace
operation in Elgin, USA
https://news.cision.com/skf/i/skf-aerospace,c3506568
SKF Aerospace
https://news.cision.com/skf/i/hans-landin,c3506569
Hans Landin
View original content:https://www.prnewswire.co.uk/news-releases/skf-completes-previously-announced-divestment-of-non-core-aerospace-operation-in-elgin-usa-302675222.html
Comparto con muchos la visión de que la universidad, salgo contadas excepciones va muy por detrás del mundo real, con una actitud muy reactiva.
Hace años que salà de ella, aunque continúo ligado, intentando terminar otros estudios que hace tiempo comence (soy un ferviente entusiasta de estar continuamente formándome… aunque solamente sea como intención, y el estar matriculado en alguna asignatura de una 2ª carrera me ayuda en ocasiones a autoexigirme un plus adicional).
Lo penoso es que solamente mantengo relación, muy de vez en cuando, con 2 profesores. Los únicos de los que guardo un buen recuerdo. Y casualidad esta que no son profesionales de la docencia, sino profesionales de la industria privada que están en la docencia por convicción e ilusión personal. Cuánto tiene que aprender la universidad de muchas escuelas de negocios…