# Altra Industrial Motion to combine with Fortive's Automation & Specialty platform

Altra Industrial Motion Corp announced a definitive agreement to combine with four operating companies from Fortive's Automation and Specialty platform (Kollmorgen, Thomson, Portescap, Jacobs Vehicle Systems) in a transaction valued at approximately $3.0 billion.

- Type: Acquisition
- Announced: 2018-03-07
- Where: United States
- Value: $3.00B
- Status: announced
- Products: electromechanical power transmission products, motion control products, couplings, clutches, brakes, gearing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Altra Industrial Motion](https://endata.com/companies/1747.md) (acquirer)
- [Fortive](https://endata.com/companies/2932.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1374535/000119312518072827/d545256dex991.htm), 2018-03-07: "As a result of this transaction, Altra will significantly expand its position across the technology spectrum by bringing together its strong mechanical and electronic capabilities in engineered power transmission."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1374535/000119312518072826/d545256dex991.htm), 2018-03-07: "As a result of this transaction, Altra will significantly expand its position across the technology spectrum by bringing together its strong mechanical and electronic capabilities in engineered power transmission."
- [reuters.com](https://www.reuters.com/article/business/altra-industrial-to-buy-fortive-units-in-3-billion-deal-idUSKCN1GJ1OY/), 2018-03-07: "Altra Industrial Motion Corp said on Wednesday it would buy four units of Fortive Corp's automation & specialty business in a $3 billion deal to bolster its presence in the power transmission and motion control industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.