M&A Deal Summary

Allient Acquires Airex

On June 21, 2022, Allient acquired electrical equipment company Airex

Acquisition Highlights
  • This is Allient’s 6th transaction in the Electrical Equipment sector.
  • This is Allient’s 11th transaction in the United States.
  • This is Allient’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2022-06-21
Target Airex
Sector Electrical Equipment
Buyer(s) Allient
Deal Type Add-on Acquisition

Target

Airex

Somersworth, New Hampshire, United States
Airex provides high-precision electromagnetic components and solutions for aerospace/defense, life sciences, semiconductors, and other commercial-industrial applications. Airex was founded in 1950 and is based in Somersworth, New Hampshire.

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Buyer(S) 1

Buyer

Allient

Amherst, New York, United States

Category Company
Founded 1962
Sector Manufacturing
Employees2,287
Revenue 579M USD (2023)
DESCRIPTION

Allient is a designer and manufacturer of motor and servo motion products for the commercial, industrial, aerospace, and defense markets. Allient was founded in 1962 and is based in Amherst, New York.


DEAL STATS #
Overall 13 of 15
Sector (Electrical Equipment) 6 of 7
Type (Add-on Acquisition) 10 of 12
State (New Hampshire) 1 of 1
Country (United States) 11 of 13
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 FPH Group

London, Ontario, Canada

FPH Group develops technically advanced, reliable, and cost-effective electrical drive systems and light-weighting technologies for existing and future ground-based vehicles in the defense industry. FPH provides concept engineering, prototyping, validation, and production. The company's direct-drive systems provide high torque and precision motion and were developed to meet the stringent requirements and standards of the defense industry. It also develops composites, advanced materials, and hybrid products and systems that achieve significant weight reduction and higher strength. FPH Group was formed in 1997 and is based in London, Ontario.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-25 Sierramotion

Loomis, California, United States

Sierramotion is specializing in designing and engineering turn-key motion components and mechatronic (mechanical, electrical and control) solutions for robotic, medical, industrial, defense, semiconductor and other precision applications. Sierramotion was founded in 2019 and is based in Loomis, California.

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