Cases & Deals

Timken acquires Carlstar Belts Business from American Industrial Partners

Clients Timken Company, The

Jones Day advised The Timken Company, the world leader in tapered roller bearings, in its acquisition of the Carlstar Belts business, a leading North American manufacturer of belts used in industrial, commercial, and consumer applications under well recognized brands including Carlisle®, Ultimax®, and Panther®, among others, from American Industrial Partners.

In addition to M&A representation, Jones Day provided employee benefits advice regarding this transaction.