SKF strengthens magnetic bearings offer by acquiring fibre composites company

SKF has signed an agreement to acquire 2C Composites, a German high-performance fibre composite supplier. Through the acquisition, SKF will secure the supply of a leading and unique technology of composites layers which will strengthen the Group’s magnetic bearings offer.

2C Composites produces tubes, rotors, rolls and braided sleeves by braiding, cutting, and melting both carbon and ceramic fibres in self-developed machineries. The products are used in various applications, for example in the high-speed electric motor industry.

Magnetic bearings are one of SKF’s technology growth areas. In 2022, the Group secured a record order intake for these products of over SEK 1 billion.