How does Torrington fit with the Timken Company?
Since both Torrington and Timken company operates in similar business line and industry, the acquisition of Torrington will be a great fit into Timken as the latter’s management will be able to take advantage of the resources owned by Torrington. Moreover, as stated in the case details, both companies have only 5% overlap in product offering, but the customer list overlap by 80%. Therefore, a single company will be able to create better value for its customers.
What are the expected synergies?
Since Torrington and Timken operate in similar business lines of automotives and industrial bearings, the acquisition will result in some synergies ...
