# SEPAC and Placid Industries complete merger of magnetic brake and clutch manufacturers

SEPAC and Placid Industries completed their merger, consolidating operations at SEPAC's headquarters in Elmira, NY. The merger combines their product lines of electromagnetic clutches and brakes and magnetic particle brakes and clutches.

- Type: Acquisition
- Announced: 2019-10-14
- Where: Elmira, New York, United States
- Status: completed
- Products: electromagnetic clutches and brakes, magnetic particle brakes and clutches, hysteresis brakes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [SEPAC](https://endata.com/companies/32648.md) (acquirer)
- [Placid Industries](https://endata.com/companies/32649.md) (target)

## Sources

- [magneticsmag.com](https://magneticsmag.com/merger-of-sepac-and-placid-industries-joins-manufacturers-of-magnetic-brakes-clutches-and-motion-control-products/), 2019-10-14: "We are enormously excited to scale our business with the iconic Placid Industries brand."

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