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Stromag

Altra completes acquisition of Stromag: Accretive within year of operations

January 9, 2017 By Lisa Eitel Leave a Comment

Altra Industrial Motion Corp., a global manufacturer and marketer of electromechanical power transmission and motion control products, today announced that on December 30, 2016 it closed on the acquisition of the Stromag business from GKN plc. Stromag generated approximately 131 million euros in revenue in 2015, and the acquisition is anticipated to be accretive to Altra’s […]

Filed Under: Brakes + Clutches, Industry News Tagged With: Altra Motion, Stromag

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