Altra Industrial Motion supports its growth strategy with the purchase of Lamiflex

15th August 2012
Posted By : ES Admin
Altra Industrial Motion has added to its impressive collection of industry leading brands with the acquisition of Lamiflex. The South American based company specialises in the manufacture of high speed couplings. Its acquisition will strengthen Altra’s industrial couplings division and support the group’s plans to offer further variation of products to its customers all over the world.
Altra Industrial Motion, has acquired 85% of privately held Lamiflex do Brasil Equipamentos Industriais Ltda. (Lamiflex). Lamiflex is the premier Brazilian manufacturer of high-speed disc couplings, providing engineered solutions to a variety of industries, including oil and gas, power generation, metals and mining. The Lamiflex acquisition is part of Altra's plan to acquire assets in key strategic regions which offer significant long-term growth profiles.

Expanding our reach in emerging geographies is a key component of Altra's strategic plan, and the acquisition of Lamiflex provides us with an important growth platform in Brazil, said Carl Christenson, Altra's president and CEO. Lamiflex is a well-known supplier of high-quality coupling products to the Brazilian marketplace. The acquisition will provide Lamiflex with the resources required to continue its growth initiatives while also offering Altra’s customers in Europe a wider product range of coupling solutions.

Lamiflex joins TB Wood’s, Ameridrives, Bibby Turboflex, Ameridrives Power Transmissions, and Huco Dynatork as one the industry-leading brands that forms Altra Industrial Couplings; the division of Altra which provide innovative coupling solutions to meet the requirements for a broad variety of applications spanning many industries. Highly engineered, Altra coupling products represent the latest in coupling technology; featuring superior design and exceptional quality to ensure long-lasting performance in all types of environments.

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