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Arnold Magnetic Technologies Corporation, a subsidiary of Compass Diversified, has acquired Ramco Electric Motors, Inc., a manufacturer of stators, rotors, and full electric motors. Financial terms were not disclosed. The acquisition expands Arnold's product offering with electric motor solutions for industrial, military and aerospace markets.
“By augmenting our technical know-how and engineering capabilities with Ramco's complementary product portfolio, we will move up the technology ladder and be able to offer more comprehensive, turnkey solutions to our customers.”globenewswire.com
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