SKF Acquires Baker InstrumentJuly 9, 2007
The purchase adds the assets of a leading manufacturer of test and diagnostic instruments for electric-motor assessment to SKF's Service Division.
ARCwire - SKF has announced that it has acquired Baker Instruments Company, Ft Collins, CO, a leading manufacturer of test and diagnostic instruments for electric motor assessment. Baker has 62 employees and yearly sales of some $11 million.
The condition monitoring technologies used by SKF to date are based on measurement of mechanical properties, principally via vibration and lubrication analysis, and Baker's sales are mainly focused on the industrial motor users for the American market.
SKF paid $14 million for the company, on a cash and debt-free basis. Baker will be part of SKF Reliability Systems within the Service Division.
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