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Altra acquires Stromag

Altra Industrial Motion, a global manufacturer and marketer of electromechanical power transmission and motion control products, has closed on the acquisition of the Stromag clutch and brake business from GKN

Staff reporter
Altra acquires Stromag

Stromag generated approximately €131 million (US$138 million) in revenue in 2015, and, according to Altra, the acquisition is anticipated to be accretive to its earnings in 2017, excluding any one-time...

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