# Fortive to combine automation and specialty businesses with Altra Industrial Motion

Fortive agreed to combine four operating companies from its Automation & Specialty platform with Altra Industrial Motion in a Reverse Morris Trust deal worth about $3.0 billion in total consideration, creating a power transmission and motion control leader.

- Type: Acquisition
- Announced: 2018-03-07
- Value: $3.00B
- Status: announced
- Products: power transmission products, motion control products, Kollmorgen motors, Thomson linear motion, Portescap motors, Jacobs Vehicle Systems engine brakes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

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

## Sources

- [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/187/fortive-announces-agreement-to-combine-automation-and-specialty-businesses-with-altra-industrial-motion-corp), 2018-03-07: "Total consideration to Fortive and its shareholders is approximately $3.0 billion, including $1.4 billion in cash proceeds and debt reduction for Fortive."

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