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The Timken Company has reached an agreement to acquire BEKA Lubrication (BEKA), a global supplier of automatic lubrication systems, for approximately US$ 165 million.
The company serves a diverse range of industrial sectors including wind, food and beverage, rail, on- and off-highway and other process industries. BEKA sales are expected to be around US$ 135 million for the full year 2019. Family owned and operated since its founding in 1927, BEKA is headquartered in Pegnitz, Germany. The company employs approximately 900 people, with manufacturing, research and development based in Germany, and assembly facilities and sales offices around the world.
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