SKF Completes Sale of U.S. Aerospace Business for 700 Million SEK

On August 18, 2025, SKF announced the successful divestment of its U.S. aerospace business segment, valued at 700 million SEK. This strategic decision is part of SKF's ongoing plan to eliminate non-core operations and hone in on its primary focus within the bearing industry.

Rickard Gustafson, CEO of SKF, highlighted the significance of this sale, indicating it marks a critical move in refining the company's operational structure. The transaction underscores SKF’s commitment to strengthening its core competencies by shedding businesses that do not align with its central mission.

The sale represents a broader industry trend where companies are reassessing and optimizing their portfolios to concentrate on primary business segments, a shift that has significant economic implications both for SKF and the aerospace sector it exits.