Sales of wellington's seals division increase
- Publisher
- Elsevier Science
- Year
- 1994
- Tongue
- English
- Weight
- 116 KB
- Volume
- 1994
- Category
- Article
- ISSN
- 1350-4789
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โฆ Synopsis
T&2q sells German seals subsidiary to SKF
As reported in the Financial Times recently, T&N, the automotive components and engineering group, is selling Goetze Elastomere, its German engine seal subsJm,ry, to SKF, a manufacum~ of mUer bearings.
The Swedish Group is understood to be paying more than ยฃ20m for the Cologne-based ~ which T&N inherited in 1993 after acquiring Goetze, the German piston ring manufacturer.
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