Kaydon Corporation (Kaydon) is a designer and manufacturer of custom engineered, performance-critical products for diverse customer base. The Company’s principal products include bearings and components, filters and filter housings, custom rings, shaft seals, linear deceleration products, specialty balls, fuel cleansing systems, gas-phase air filtration systems and replacement media, industrial presses and metal alloy products.

http://www.kaydon.com/

Timeline

April 26, 2016. SKF to divest Kaydon business unit, close Ann Arbor operations. Crain's Detroit Business. "The move comes after SKF signed a definitive agreement Tuesday to sell Kaydon's velocity control business to Germany-based Stabilus SA for $339 million. Kaydon's bearings business will be integrated into SKF's operations, the company said in a press release."

September 5, 2013 SKF Group acquires Ann Arbor-based Kaydon in $1.25 billion deal, MLive, ."Swedish bearings maker SKF Group finalized a deal Thursday to buy Ann Arbor-based Kaydon Corporation in a $1.25 billion deal. SKF, founded in 1907 and now the world’s biggest bearings maker, said the deal includes $95 million of net debt and will be paid with cash on hand. The terms of the agreement call for SKF to pay $35.50 per share for Kaydon."

 

News references

Stock information for Kaydon Corporation, KDN on NYSE

  • KDN on Google Finance
  • KDN on Yahoo Finance


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