# 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.

- Type: Acquisition
- Announced: 2019-08-21
- Where: Yuyao, China, China
- Status: completed
- Products: PMDC motors, BLDC motors, controllers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [General Transmissions](https://endata.com/companies/41473.md) (acquirer)
- [Actuator Electric Motor Company](https://endata.com/companies/41474.md) (target)

## Sources

- [generaltransmissions.com](https://generaltransmissions.com/en/gt-announces-acquisition-of-premier-power-tools-motor-manufacturer-in-china/), 2019-08-21: "We are excited about this acquisition because it puts us in a new position to offer added value to our customers."

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