SKF launches updated brand to increase stakeholder value

PR Newswire

GOTHENBURG , Sweden, March 5, 2025

GOTHENBURG , Sweden, March 5, 2025 /PRNewswire/ -- For over 100 years, SKF is recognized as a leader in products and solutions that reduce friction. Now, the company is stepping up its efforts, not just reducing friction but actively fighting it to move the world forward. The aim is to make industry smarter, more competitive, and more energy-efficient, ultimately contributing to a more sustainable society where more can be done with less.

To align the brand with today's offering and values, SKF is making subtle but significant changes to its brand. The updated brand reflects the business SKF has become, helping the Group to further stand out in the industry, attract more customers, and drive profitable growth.

"Our brand is the accumulation of everything we do -- innovations, values, people, reputation, communication and our desired future state. From a business perspective, we are building favorability among current and potential customers, employees, investors, partners, and beyond. It is a way of earning our place in the world while staying true to our values and purpose," says Rickard Gustafson, President and CEO.

The new brand strategy builds on SKF's historical, current, and future strengths, refining communication to tell a bigger story. This new direction aims to bridge the gap between SKF's extensive impact on the world and public perception, which means highlighting the Group's commitment to innovation, sustainability, and industry leadership.

"Only a few companies in the world can reduce friction like SKF. Wherever there is rotation, we show up -- from bicycles to high-speed trains, from paper mills to washing machines. A fantastic position to have, but also an inspiring story still to be told. We have been fighting friction since 1907 and today it is more relevant than ever before", says Per Nilsson, Director Communication.

The refreshed brand identity is bolder and more modern, yet unmistakably SKF. It includes a subtly redesigned logo, a fresher blue, a new typeface, and more distinctive photography. As part of the update, SKF will also provide better marketing support for distributors, including a redesigned distributor identity that is simpler, more consistent, and easier to recognize.

"Through almost 120 years of innovation, we've developed products and solutions that reduce friction. Now we're stepping that up. Not just reducing friction but actively fighting friction to move the world forward and telling the story about the difference we make," says Rickard Gustafson, President and CEO.

Facts

These updates will be rolled out over the coming year across new marketing and communications materials, a refreshed website, and other digital channels. The logotype and other assets with the new brand identity could be found brandhub.skf.com

We're fighting friction to move the world forward -- SKF

Explore the reinforced SKF brand

For further information, please contact: Press Relations: Karin Markhede, +46 70 758 87 30; karin.markhede@skf.com

This information was brought to you by Cision http://news.cision.com

The following files are available for download:

 
https://mb.cision.com/Main/637/4114601/33021  SKF launches updated brand to 
40.pdf                                        increase stakeholder value 
https://mb.cision.com/Public/637/4114601/933  2 refinedlogotype Logo 01 kids 
0510e725760eb_org.jpg                         1920x1080 
https://mb.cision.com/Public/637/4114601/94c  Rickard Gustafson jpg 
3a8f68418cf39_org.jpg                         highpreview 800 
https://mb.cision.com/Public/637/4114601/a98  SKF BRAND 
087eb82bdcd20_org.jpg 
https://mb.cision.com/Public/637/4114601/886  Per Nilsson 
f93073f12565c_org.jpg 
 

View original content:https://www.prnewswire.com/news-releases/skf-launches-updated-brand-to-increase-stakeholder-value-302393074.html

SOURCE SKF

(END) Dow Jones Newswires

March 05, 2025 07:16 ET (12:16 GMT)