Altra Industrial Motion Corp. Completes Combination with Fortive's Automation & Specialty Platform
We recently announced that Altra Industrial Motion Corp. has finalized the transaction to merge with the four operating companies from Fortive’s Automation and Specialty platform (Kollmorgen, Thomson, Jacobs Vehicle Systems and Portescap) to create a truly focused global leader in the power transmission, motion control and engine braking industries.
The addition of Kollmorgen alongside Altra’s other leading brands will prove to be a powerful combination. We believe this is a transformational step that will result in compelling growth and value creation opportunities for all our valued customers. With our similar philosophies and truly global presence, backed by our world-class engineering expertise, we look forward to bringing together the strengths of our combined company to meet your product challenges and deliver enhanced value.