SKF names automotive spin-off SKF Vertevo

SKF has announced that its Automotive business will be named SKF Vertevo when it becomes a stand-alone company. The supplier plans to list SKF Vertevo on Nasdaq Stockholm during the fourth quarter of 2026, subject to board approval and shareholder consent.

The name combines “vertere”, Latin for “to turn” or “to transform”, and “evo”, short for “evolution”. SKF says the name will start to be used publicly in conjunction with a potential listing.

Rickard Gustafson, President and Chief Executive of SKF, said: “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.”

Kerstin Enochsson, President of Automotive at SKF, added: “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.”

The Automotive business remains part of the SKF Group and a subsidiary of AB SKF until the separation is completed.

Source: SKF