Timken acquires Bijur Delimon

The Timken (TKR) Company has acquired the assets and related businesses of North Carolina-based Bijur Delimon International, a global designer and manufacturer of automated lubrication systems. “The acquisition of Bijur Delimon aligns with our near-term strategic priority to accelerate growth in key market verticals,” said Lucian Boldea, Timken pCEO. “Timken has built a leading automated lubrication systems platform, that benefits from strong secular tailwinds, including a shortage of skilled labor and shifting demographics. BDI elevates our existing capabilities, deepens our presence in attractive market sectors and regions, and creates meaningful synergy opportunities that strengthen our ability to serve customers more completely as one Timken.”