SKF acquires remaining part of US based seals company


SKF acquires remaining part of US based seals company

In April 2006, SKF acquired 51% of the shares in Macrotech Polyseal Inc. Part of
the agreement was for SKF to acquire the remaining 49% of the shares within
three years, and that is now completed. This will affect SKF's cash flow with
USD 25 million during the second quarter 2009. 

The company, now called SKF Polyseal Inc., is based in Salt Lake City, Utah,
USA, and offers sealing solutions for a wide range of industries.  In 2008, the
turnover was USD 39 million and the number of employees was 373.

Dan E Reed, President SKF Sealing Solutions, SKF USA Inc., says: “through this
acquisition, SKF has acquired a leading position in the North American fluid
power seals market”. 

Göteborg, 19 May 2009

Aktiebolaget SKF
(publ) 



AB SKF may be required to disclose the information provided herein according to
the Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 13.00 CEST on 19 May 2009.









For further information, please contact:
PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile: 
+46 706-973260, e-mail: ingalill.ostman@skf.com
IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46
705-181994,          
e-mail: marita.bjork@skf.com





SKF is a leading global supplier in the areas of bearings, seals, mechatronics,
services and lubrication systems. The Group's service offer includes technical
support, maintenance services, engineering consultancy and training. SKF is
represented in more than 130 countries and has 15,000 distributor locations
worldwide. The Group's annual sales 2008 were SEK 63,361 million. The number of
employees was 44,799

Attachments

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