M&A Deal Summary

Altra Industrial Motion Acquires Nook

On January 3, 2022, Altra Industrial Motion acquired manufacturer Nook

Acquisition Highlights
  • This is Altra Industrial Motion’s 2nd transaction in the Manufacturing sector.
  • This is Altra Industrial Motion’s 2nd transaction in the United States.
  • This is Altra Industrial Motion’s 1st transaction in Ohio.

M&A Deal Summary
Date 2022-01-03
Target Nook
Sector Manufacturing
Buyer(s) Altra Industrial Motion
Deal Type Add-on Acquisition

Target

Nook

Cleveland, Ohio, United States
Nook provides a broad-based offering of premium linear motion solutions. Nook provides clients with proven knowledge and flexibility to design, engineer, and manufacture premium quality linear motion systems and solutions for their most challenging applications. Its customers benefit from a wide range of premium products and services that fit well into unlimited industries. Nook was founded in 1969 and is based in Cleveland, Ohio.

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Buyer(S) 1

Buyer

Altra Industrial Motion

Braintree, Massachusetts, United States
Category Company
Founded 2004
Sector Electrical Equipment
Employees9,000
Revenue 1.9B USD (2021)
DESCRIPTION

Altra Industrial Motion is a designer, producer and marketer of a wide range of electromechanical power transmission products. Altra Industrial Motion was founded in 2004 and is based in Braintree, Massachusetts.

DEAL STATS #
Overall 7 of 7
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 6 of 6
State (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-21 GKN - Stromag Business

Redditch, United Kingdom

GKN plc - Stromag Business is a provider of tailored engineered solutions for its customers. Its core products include an array of clutches and brakes, flexible couplings, limit switches and friction discs. Stromag serves the agricultural equipment, construction, crane & hoist, marine, metal processing, renewable energy and general industrial markets.

Buy €198M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-09 Jacobs Vehicle Systems

Bloomfield, Connecticut, United States

Jacobs Vehicle Systems is a manufacturer of diesel and natural gas engine retarding systems and valve actuation mechanisms, provides engine brakes, emissions solutions to medium and heavy-duty engine. Jacobs Vehicle Systems was founded in 1961 and is based in Bloomfield, Connecticut.

Sell -
Mergr

Product

Company

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