Drive technologyBillion-euro merger on the US market
Altra Industrial Motion Corp. is merging with four companies from the Fortive Automation & Specialty Platform, including Kollmorgen, Thomson, Portescap and Jacobs Vehicle Systems, effective October 1. The transaction is valued at around 2.9 billion US dollars.
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<p>Altra Industrial Motion now employs around 9,300 people worldwide.</p> © Altra