Altra Acquires Lamiflex Couplings
Altra Holdings Inc. announced that its subsidiary, Altra Industrial Motion Netherlands BV, has acquired privately held Lamiflex do Brasil Equipamentos Industriais Ltda. (“Lamiflex”). Lamiflex, headquartered in Sao Paulo, is the premier Brazilian manufacturer of high-speed disc couplings, providing engineered solutions to a variety of industries, including oil and gas, power generation, metals and mining.
“Expanding our reach in emerging geographies is a key component of Altra’s strategic plan, and the acquisition of Lamiflex provides us with an important growth platform in Brazil,” said Carl Christenson, Altra’s President and CEO. “Lamiflex is a well-known supplier of high-quality coupling products to the Brazilian marketplace. The acquisition will provide Lamiflex with the resources required to continue its growth initiatives while, over time, serving as a launching platform for several other Altra businesses.”
Lamiflex joins TB Wood’s, Ameridrives, Bibby Turboflex, Ameridrives Power Transmissions, and Huco Dynatork, the industry-leading brands of Altra Couplings which provide innovative coupling solutions to meet the requirements for a broad variety of applications spanning many industries. Highly engineered Altra coupling products represent the latest in coupling technology, featuring superior design and exceptional quality to ensure long-lasting performance in all types of environments.
Altra products are marketed in more than 70 countries under a variety of well recognized and established manufacturing brand names. The Altra product portfolio features more than 40 product lines including industrial clutches and brakes, enclosed gear drives, open gearing, couplings, machined-race bearings, variable frequency and belted drives, linear actuators, and other related products.
Altra customers operate in a diverse group of industries worldwide, including general industrial, material handling, aggregate and mining, automotive, marine, power generation, oil and gas, transportation, and turf and garden.
For more information, visit www.altramotion.com.