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Electrical Equipmentworld trade 2024+7.2% 5Y CAGR

May 21, 2020ACQUISITION

Orchid Monroe acquires Carter Motor Company to expand electric motor production

Orchid Monroe and Carter Motor Company signed an agreement structured as an acquisition of Carter by Orchid. Carter will move into Orchid's larger facility and Orchid will manufacture some of Carter's components going forward.

Status

Announced

ProductsDC motorsuniversal motorsgearmotorscustom motorsconverterstachometersgenerators

CompaniesOrchid Monroe acquirer Carter Motor Company target

Sectors#Electrical Equipment

“Orchid Monroe and Carter Motor Company have signed an agreement to join forces.”magneticsmag.com

1 source
magneticsmag.comA Game Changer - Carter Motor Company Joins Orchid Monroe - Magnetics MagazineMay 21, 2020

Summarized from public sources; check the original articles before acting on it.

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