# Moog to acquire Morgan Advanced Materials' Rotary Transfer Systems business for €40M

Moog agreed to acquire the global Rotary Transfer Systems business from Morgan Advanced Materials for €40 million in cash, including its manufacturing sites in Antweiler, Germany and Chalon-St-Memmie, France. Closing is expected within 60 to 90 days, subject to German regulatory approval.

- Type: Acquisition
- Announced: 2017-02-17
- Where: Antweiler, Germany; Chalon-St-Memmie, France, Germany
- Value: $42.0M (40.0M EUR)
- Status: announced
- Products: slip rings, rotary transfer systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Moog](https://endata.com/companies/953.md) (acquirer)
- [Morgan Advanced Materials](https://endata.com/companies/954.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/02/17/918552/0/en/moog-inc-announces-acquisition.html), 2017-02-17: "The purchase price is €40 million ($42 million U.S.) in cash"

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