The Timken Company Acquires CGI, Inc.
August 5, 2024
The Timken Company has completed its previously announced acquisition of CGI, Inc., a Nevada-based manufacturer of precision drive systems with a concentration in medical robotics. The acquisition expands Timken’s motion-control platform and complements its existing Cone Drive and Spinea offerings.
- Buyers
- The Timken Company
- Targets
- CGI, Inc.
- Industry
- IT Services
- Location
- Nevada, United States
- Transaction Type
- Buyout
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