Business / Finance

Timken Acquires Des-Case For Undisclosed Terms

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2023-09-05 11:04:35  • 1 min

(RTTNews) - The Timken Co. (TKR) announced Tuesday it has acquired Nashville, Tennessee-based Des-Case Corp., a manufacturer of specialty filtration products for industrial lubricants. Terms of the deal were not disclosed.

Founded in 1983, Des-Case serves customers across a variety of industrial end markets. Its revenue for the calendar year 2023 is expected to be around $40 million.

The vast majority of Des-Case products are consumables with a highly repetitive buying cycle that are sold through many of the same distributors that carry Timken's bearings and other products.

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