SKF: SKF acquires US company in maintenance business

SKF acquires US company in maintenance business SKF has acquired the US based company Preventive Maintenance Company Inc. (PMCI) in Elk Grove Village, Illinois. SKF has acquired the US based company Preventive Maintenance Company Inc. (PMCI) in Elk Grove Village, Illinois. PMCI has 70 employees with annual sales of approximately $ 10 million (USD). PMCI is a market leader in Predictive Maintenance (PdM) services for industrial customers in the Pulp & Paper, Metals, Food, Automotive and other industries. The PMCI acquisition strengthens SKF's market leadership in reliability services, condition monitoring products and maintenance strategies. The integration of PMCI into the SKF Group has just started. Göteborg, 11 January, 2007 Aktiebolaget SKF (publ) For further information, please contact: PRESS: Lars G Malmer, SKF Group Communication, tel. +46 (0)31 337 1541, e-mail: Lars.G.Malmer@skf.com IR: Marita Björk, SKF Investor Relations, tel: +46 (0)31 337 1994, mobile: +46 (0)705-181994, e-post: marita.bjork@skf.com Aktiebolaget SKF SE-415 50 Göteborg, Sweden Tel. +46 31 337 10 00 Fax. +46 31 337 17 22 www.skf.com The SKF Group is the leading global supplier of products, solutions and services in the area comprising rolling bearings, seals, mechatronics services and lubrication systems. The Group's service offer also includes technical support, maintenance services, condition monitoring and training. The Group's annual sales 2005 were SEK 49.3 billion with an operating margin of 10.8%. The number of employees was 38 700. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/f.aspx?id=356458&fn=wkr0001.pdf Full release in pdf