General Transmissions acquires majority stake in Actuator Electric Motor Company

General Transmissions (GT) acquired a majority share of Actuator Electric Motor Company (AEM), a Chinese DC motor manufacturer, effective immediately. The combined revenue is $80 million.

“We are excited about this acquisition because it puts us in a new position to offer added value to our customers.”generaltransmissions.com

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• generaltransmissions.comGT Announces Acquisition of Premier Power Tools Motor Manufacturer in China - General TransmissionsbackoffAug 21, 2019

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