SKF acquires a lubrication systems company
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KF has completed the acquisition of John Sample Group’s (JSG) Lubrication and Flow Management businesses. JSG is a well-established lubrication system and full-service solutions provider founded in 1921.
JSG had approximately SEK 550 million of net sales in their latest fiscal year and 85 employees, with operations in Australia, New Zealand, Indonesia and Singapore. The company will be integrated into SKF’s existing lubrication management business. The acquisition further strengthens SKF’s offering in an identified growth segment, as well as its business operations in the expansive India and SouthEast Asia (ISEA) region. The acquisition provides access to JSG’s wide customer base, sales and distribution network, as well as engineering and services capabilities.
“We’re glad to welcome our new colleagues from JSG to SKF. This acquisition strengthens our regional capabilities in SouthEast-Asia and Oceania, with a particular focus on customers in engineered solutions, heavy industries and mobile equipment,” says Philipp Herlein, Managing Director, SKF Lubrication Management.
Founded in 1921, JSG is headquartered in Sydney, Australia, and serves a wide range of industries, including mining, construction and off-highway, pulp and paper, food and beverages, and transportation, across the product verticals Lubrication Systems and Instrumentation & Flow.