SKFRY SKF Ab (PK)

   By Christina Zander 
 

STOCKHOLM--Swedish ball bearing maker SKF AB (SKF-B.SK) said Monday it has signed a three-year agreement with MAN SE to supply the German automotive company with truck-matched wheel-end units.

The deal is worth 60 million Swedish kronor ($7.2 million) and follows the signing of an agreement with Scania AB in October to supply similar units, the company said.

Deliveries to both MAN and Scania are scheduled to commence in September 2015.

At 0701 GMT SKF shares were down 3.2% at SEK156.20

Write to Christina Zander at christina.zander@wsj.com

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(END) Dow Jones Newswires

August 24, 2015 03:31 ET (07:31 GMT)

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