Torrington is a perfect strategic fit for Timken because it would make the combined company to be the third largest ball bearing producing company in the world. In addition, the company would experience purchasing synergies that would yield the combined company annual savings of $80 million and the rationalization of the workforce would yield savings of $80 million. Using Timken cost of debt of 7.23%, to discount the free cash flows of Torrington between 1999 and 2007 would result in an estimated value of Torrington to be $598.59 million. The free cash flows add the depreciation expense because it ...
Essays on Timken
2 samples on this topic
Crafting lots of Timken papers is an implicit part of present-day studying, be it in high-school, college, or university. If you can do that on your own, that's just awesome; yet, other students might not be that lucky, as Timken writing can be quite challenging. The catalog of free sample Timken papers presented below was assembled in order to help lagging students rise up to the challenge.
On the one hand, Timken essays we publish here distinctly demonstrate how a really exceptional academic paper should be developed. On the other hand, upon your demand and for an affordable cost, a competent essay helper with the relevant academic background can put together a fine paper example on Timken from scratch.
How does Torrington fit with the Timken Company?
Since both Torrington and Timken company operates in similar business line and industry, the acquisition of Torrington will be a great fit into Timken as the latter’s management will be able to take advantage of the resources owned by Torrington. Moreover, as stated in the case details, both companies have only 5% overlap in product offering, but the customer list overlap by 80%. Therefore, a single company will be able to create better value for its customers.
What are the expected synergies?
Since Torrington and Timken operate in similar business lines of automotives and industrial bearings, the acquisition will result in some synergies ...
Get а 100% plagiarism free Essay on Timken just from $10/page!
Become your best self with our academic help.
ORDER AN ESSAY
Calculate Price
