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.