The SKF Board of Directors has agreed to start a separation of its Automotive business to obtain a separate listing on Nasdaq Stockholm through a Lex Asea distribution to its shareholders. The goal is to list the Automotive business on Nasdaq Stockholm in the first half of 2026.
Given the differences in business dynamics, end markets and success factors between the Industrial and Automotive sectors, a separation will facilitate a more focus on specific possibilities to increase customer value, accelerate growth and improve efficiency and competitiveness.
In the exchange filing, the company also shared, “A separation would increase Automotive’s ability to adapt faster to transforming global automotive markets, by allowing it to make independent business decisions and investments. A more tailored, leaner Automotive business model will further strengthen its competitive advantage and capture additional profitable growth opportunities, while at the same time accelerating its profitability transformation.”
