Altra Industrial Motion
#2857
Rank
$4.05B
Marketcap
United States
Country
Mr. Carl R. Christenson (Chairman & CEO)
Mr. Todd B. Patriacca (Exec. VP, CFO & Treasurer)
Mr. Glenn E. Deegan Esq. (Chief Legal & HR Officer)
Summary
History
The company was founded in 2004 through the acquisition of the Colfax Power Transmission Group and Kilian Manufacturing by private equity firm Genstar Capital. Which, at the time, consisted of several brands, including Ameridrives, Boston Gear, Formsprag, Marland, Nuttall/Delroyd, Stieber, Warner Electric and Wichita Clutch. Following the foundation, Altra has made several strategic acquisitions, including TB Wood's, Hay Hall , Svendborg Brakes, Bauer Gear Motor, Guardian Couplings, Lamiflex Couplings, and Bear Linear , Kollmorgen Corp, Thomson Linear, Portescap, Jacobs Vehicle Systems.
While Altra is a relatively young company, the brands have been in existence for many, many years. The brands and the year they were founded are as follows:
Altra Industrial Motion went public in December, 2006. It trades on the NASDAQ exchange under the symbol AIMC.In October 2022, Altra Industrial Motion agreed to be acquired by Regal Rexnord Corporation in a deal worth around $5 billion including debt.
Mission
Vision
Key Team
Mr. Craig Schuele (Exec. VP of Marketing & Bus. Devel.)
Recognition and Awards
References
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Mr. Carl R. Christenson (Chairman & CEO)
Mr. Todd B. Patriacca (Exec. VP, CFO & Treasurer)
Mr. Glenn E. Deegan Esq. (Chief Legal & HR Officer)