Altra Industrial Motion (AIMC) Acquires Nook Industries
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Nook Industries, Inc. Sells Family Business to Altra Industrial Motion Corp. (Nasdaq: AIMC), a Leading Global Manufacturer and Supplier of Motion Control, Power Transmission and Automation Products
January 3, 2022 12:46 PM ESTCLEVELAND, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Nook Industries, Inc. (Nook or the Company), a leader in US engineered linear motion products and solutions announced today that it has sold the family-owned business to Braintree, Massachusetts based Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products. The Nook business, which will be integrated into Altras Thomson operating company in its Automation & Specialty (A&S) segment, expands the breadth of Altras linear products offering. Altra was deemed an excellent strategic fit as the Nook family evaluated... More
