Waukesha Bearings Corp., Pewaukee, Wisconsin, U.S.A., said it has acquired KMC Inc., West Greenwich, Rhode Island, U.S.A. and Bearings Plus Inc., Houston, Texas, U.S.A.
Both acquired companies are involved in the design, analysis and manufacturing of engineered fluid film bearings and seals. Financial terms were not disclosed. Waukesha Bearings is a unit of Dover Corp.’s Fluid Management segment.
“The acquisition of KMC and Bearings Plus extends Waukesha’s market-leading bearing solutions for oil and gas and large scale power generation applications,” Waukesha Bearings said in the release announcing the deals.
For more information: www.waukbearing.com