Altra Industrial Motion Corp. Announces Acquisition of Guardian Industries

BRAINTREE, Mass. (July 30, 2014) – Altra Industrial Motion Corp. announced the acquisition of Guardian Industries, Inc. Guardian manufactures shaft couplings, motion control couplings, flywheel couplings, hydraulic pump drives, compressor drives and PTO shafts and bearing supports. The company has a dedicated workforce of 47 people and had 2013 revenues of $10 million. "The Guardian products complement Altra's broad-based offering of couplings and will help us to better serve both off-highway and general industrial applications," said Carl Christenson, Altra's Chairman and CEO. "This bolt-on acquisition will expand Guardian's geographic reach and provide the company with increased coverage in several core Altra markets, including energy, farming, agriculture and specialty machinery. We are pleased to welcome Guardian to the Altra family." Guardian joins Ameridrives Couplings, Bibby Turboflex, TB Wood’s, Huco Dynatork, Ameridrives Power Transmission and Lamiflex Couplings. Altra Industrial Motion Corp., through its subsidiaries, designs, produces and markets a wide range of electromechanical power transmission products.