SKF has revealed SKF Vertevo as the name for its automotive spinoff, with a planned listing on Nasdaq Stockholm targeted for Q4 2026.
SKF Automotive Rebrands as SKF Vertevo in Preparation for Q4 2026 Stock Exchange Listing
Swedish bearing and seal manufacturer SKF has announced that its automotive business will be a stand-alone company and go by the name SKF Vertevo, marking a milestone in SKF‘s process of creating two independent businesses that can secure long-term value creation for customers, shareholders, and other stakeholders.
However, SKF said that the name SKF Vertevo will only be publicly used in conjunction with a potential listing, as SKF is seeking 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. Until then, SKF Automotive will still be a part of the SKF Group and a subsidiary of AB SKF.
The announcement was made on February 26, 2026, with SKF Automotive expected to accelerate profitable growth for the company. “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,” said Rickard Gustafson, President and CEO of SKF.
Kerstin Enochsson, President of SKF Automotive, explained the meaning behind the name Vertevo. The name is a portmanteau of vertere, which is Latin for “to transform”, and evo, short for “evolution”.
“The name SKF Vertevo highlights our heritage and additionally combines two powerful ideas. Together, they express movement, progress, and change. It’s short, bold, and memorable; a name that works across cultures and captures our story,” she said.
