SKF Acquires US based Lubrication Systems Business
SKF's acquisition of Lincoln Holdings Enterprises (Lincoln, Alemite and Reelcraft), leading suppliers of lubrication systems, tools and hose reels, was completed in late 2010.
"We are very excited to welcome Lincoln, Alemite and Reelcraft to SKF. This acquisition is in line with our strategy to grow in the lubrication systems market, and these brands complement SKF's existing business in a very good way. With this acquisition we broaden our competencies within this area and we will be able to support our customers with even better solutions." says Tom Johnstone, SKF President and CEO.
The new business unit created is called Lincoln Lubrication Systems and is now a part of the SKF Lubrication Business Unit within SKF's Industrial Division.
SKF Quality Policy:
SKF shall only market product, services and solutions that will ensure customer satisfaction by:
- Operating capable, reliable and efficient business processes.
- Applying continuous improvement throughout the organization, with the objective of zero defects.
Alemite is ISO/TS 16949:2009 certified.
Alemite Supplier Quality Manual
The SKF Code of Conduct
Supplier Terms and Conditions