SKF acquires Baker Instruments
SKF has acquired Baker Instruments Co., Ft Collins, CO, a manufacturer of test and diagnostic instruments for electric motor assessment. The condition monitoring technologies used by SKF to date are based on measurement of mechanical properties, principally via vibration and lubrication analysis.
“This move into electric motor diagnostics is important to our new Energy Efficiency solutions business, and is in line with SKF Group’s move towards supporting our customers in their Sustainability efforts,” said Phil Knights, president of SKF Service Division.
Baker has 62 employees and annual sales of $11 million. Baker’s sales are focused primarily on American industrial motor users.
SKF paid $14 million for the company, on a cash and debt-free basis. Baker will be part of SKF Reliability Systems within the Service Division.