Rexnord acquires Italian supplier

Special to The Freeman

Oct. 31, 2014

MILWAUKEE — Rexnord announced Friday it has acquired Italian company Tollok S.p.A, which is a supplier of highly engineered shaft locking devices for the power generation and process industries, as well as general industrial applications.

Based in Ferrara, Italy, Tollok serves a global customer base and has annual revenues of approximately 17 million Euro.

“Rexnord is excited to expand our portfolio of power transmission technologies by offering well-regarded Tollok products,” said Kevin Zaba, president of Power Transmission, in a statement. “Tollok is a logical extension of our focus on maximizing uptime and reliability for our industrial customers. We see significant opportunities to accelerate its market penetration in key regional markets.”

According to the Milwaukee-based Rexnord, Tollok will help to accelerate growth by adding complementary products to Rexnord’s leading commercial presence and expanding its global reach.

Rexnord is comprised of two strategic platforms, Process & Motion Control (PMC) and Water Management (WM), with approximately 7,400 employees worldwide.