{"id":49214,"date":"2026-02-26T19:36:00","date_gmt":"2026-02-26T12:36:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=49214"},"modified":"2026-02-26T19:36:00","modified_gmt":"2026-02-26T12:36:00","slug":"skf-announces-the-future-name-of-the-automotive-business-skf-vertevo","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=49214","title":{"rendered":"SKF announces the future name of the Automotive business: SKF Vertevo"},"content":{"rendered":"

GOTHENBURG, Sweden<\/span>, Feb. 26, 2026<\/span> \/PRNewswire\/ — SKF Vertevo will be the name of SKF’s Automotive business as a stand-alone company. This announcement marks a significant milestone in SKF’s process to create two strong, focused and independent businesses that can accelerate profitable growth and secure long-term value creation for customers, shareholders and other stakeholders.<\/p>\n

“The separation of our Automotive business is proceeding according to plan. Today marks another major step on this journey and on becoming a stand-alone company, as we reveal the name,” says\u00a0Rickard Gustafson, President and CEO.<\/p>\n

“The name SKF Vertevo highlights our heritage and additionally combines two powerful ideas: vertere, Latin for ‘to turn’ or ‘to transform’, and evo, short for ‘evolution’. Together, they express movement, progress, and change. It’s short, bold, and memorable \u2013 a name that works across cultures and captures our story,” says\u00a0Kerstin Enochsson, President Automotive.<\/p>\n

As previously communicated, SKF’s objective is to list SKF Vertevo on Nasdaq Stockholm during Q4 2026, subject to the Board of Directors proposing a distribution and listing of the Automotive business and the shareholders’ approval.<\/p>\n

The SKF Automotive business is still part of the SKF Group and a subsidiary of AB SKF. The name SKF Vertevo will publicly start to be used in conjunction with a potential listing.<\/p>\n

Previous press release on similar topics:<\/b><\/i>
17 September 2024: SKF initiates a separation of its Automotive business [link to press release<\/a>]<\/p>\n

Aktiebolaget SKF
\u00a0 \u00a0 \u00a0\u00a0(publ)<\/p>\n

For more information about the new name, please visit: https:\/\/automotive.skf.com\/skfvertevo<\/a><\/p>\n

For further information, please contact:<\/b>
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com<\/a>\u00a0
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com<\/a>\u00a0<\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

https:\/\/news.cision.com\/skf\/r\/skf-announces-the-future-name-of-the-automotive-business–skf-vertevo,c4313341<\/a><\/p>\n

The following files are available for download:<\/p>\n

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https:\/\/mb.cision.com\/Main\/637\/4313341\/3953930.pdf<\/a><\/span><\/p>\n<\/td>\n

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20260226 SKF announces the future name of the Automotive business – SKF Vertevo<\/span><\/p>\n<\/td>\n<\/tr>\n

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https:\/\/news.cision.com\/skf\/i\/skf-vertevo-logotype,c3514156<\/a><\/span><\/p>\n<\/td>\n

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SKF Vertevo logotype<\/span><\/p>\n<\/td>\n<\/tr>\n

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https:\/\/news.cision.com\/skf\/i\/rickard-gustafson-1×1-digital,c3514154<\/a><\/span><\/p>\n<\/td>\n

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Rickard Gustafson 1×1 digital<\/span><\/p>\n<\/td>\n<\/tr>\n

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https:\/\/news.cision.com\/skf\/i\/skf-kerstin-enochsson-president-automotive,c3514155<\/a><\/span><\/p>\n<\/td>\n

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SKF Kerstin Enochsson President Automotive<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

GOTHENBURG, Sweden<\/span>, Feb. 26, 2026<\/span> \/PRNewswire\/ — SKF Vertevo will be the name of SKF’s Automotive business as a stand-alone company. This announcement marks a significant milestone in SKF’s process to create two strong, focused and independent businesses that can accelerate profitable growth and secure long-term value creation for customers, shareholders and other stakeholders.<\/p>\n

“The separation of our Automotive business is proceeding according to plan. Today marks another major step on this journey and on becoming a stand-alone company, as we reveal the name,” says\u00a0Rickard Gustafson, President and CEO.<\/p>\n

“The name SKF Vertevo highlights our heritage and additionally combines two powerful ideas: vertere, Latin for ‘to turn’ or ‘to transform’, and evo, short for ‘evolution’. Together, they express movement, progress, and change. It’s short, bold, and memorable \u2013 a name that works across cultures and captures our story,” says\u00a0Kerstin Enochsson, President Automotive.<\/p>\n

As previously communicated, SKF’s objective is to list SKF Vertevo on Nasdaq Stockholm during Q4 2026, subject to the Board of Directors proposing a distribution and listing of the Automotive business and the shareholders’ approval.<\/p>\n

The SKF Automotive business is still part of the SKF Group and a subsidiary of AB SKF. The name SKF Vertevo will publicly start to be used in conjunction with a potential listing.<\/p>\n

Previous press release on similar topics:<\/b><\/i>
17 September 2024: SKF initiates a separation of its Automotive business [link to press release<\/a>]<\/p>\n

Aktiebolaget SKF
\u00a0 \u00a0 \u00a0\u00a0(publ)<\/p>\n

For more information about the new name, please visit: https:\/\/automotive.skf.com\/skfvertevo<\/a><\/p>\n

For further information, please contact:<\/b>
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com<\/a>\u00a0
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com<\/a>\u00a0<\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

https:\/\/news.cision.com\/skf\/r\/skf-announces-the-future-name-of-the-automotive-business–skf-vertevo,c4313341<\/a><\/p>\n

The following files are available for download:<\/p>\n

\n\n\n\n\n\n\n
\n

https:\/\/mb.cision.com\/Main\/637\/4313341\/3953930.pdf<\/a><\/span><\/p>\n<\/td>\n

\n

20260226 SKF announces the future name of the Automotive business – SKF Vertevo<\/span><\/p>\n<\/td>\n<\/tr>\n

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https:\/\/news.cision.com\/skf\/i\/skf-vertevo-logotype,c3514156<\/a><\/span><\/p>\n<\/td>\n

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SKF Vertevo logotype<\/span><\/p>\n<\/td>\n<\/tr>\n

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https:\/\/news.cision.com\/skf\/i\/rickard-gustafson-1×1-digital,c3514154<\/a><\/span><\/p>\n<\/td>\n

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Rickard Gustafson 1×1 digital<\/span><\/p>\n<\/td>\n<\/tr>\n

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https:\/\/news.cision.com\/skf\/i\/skf-kerstin-enochsson-president-automotive,c3514155<\/a><\/span><\/p>\n<\/td>\n

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SKF Kerstin Enochsson President Automotive<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\u00a0<\/p>\n

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