SKF sells non-core aerospace business in the U.S. to Carco PRP
ReutersAug 18, 2025 6:10 AM
STOCKHOLM, Aug 18 (Reuters) - Swedish bearings maker SKF SKFb.ST said on Monday it had agreed to sell its non-core aerospace operation in Elgin in the U.S. to Carco PRP Group for a total estimated enterprise value of $70 million.
SKF said in a statement the sale of the precision elastomeric device (PED) operation is part a strategy to focus on its core aerospace areas and exit non-strategic business lines.
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