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Announced

Completed

Altra Industrial Motion completed the acquistiion of Nook Industries for $135m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Diversified Industrials

linear motion products and solutions

Majority

Completed

manufacturing

Friendly

Single Bidder

Domestic

Acquisition

United States

Private

Synopsis

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Altra Industrial Motion, a premier global designer and manufacturer of a wide range of motion control and power transmission solutions, completed the acquistiion of Nook Industries, an engineered linear motion products and solutions provider, for $135m. “The Nook family is pleased to have found a strong strategic buyer with a history of not only preserving, but also building upon the products, brand equity and core competencies of their acquisitions. We are excited about the tremendous opportunities created by joining Altra’s industry leading suite of motion control products and brands. It was important for us to find a buyer that would build upon my father’s legacy,” Joseph H. Nook, Nook Chief Executive Officer and President.

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