Altra Holdings’ subsidiary Altra Industrial Motion Netherlands BV has acquired a private Brazilian manufacturer to expand its reach in emerging markets. Lamiflex do Brasil Equipamentos Industriais is based in Sao Paolo and is regarded as the premier Brazilian manufacture of high speed disc couplings which provide engineered solutions to the oil and gas, power, metals and mining industries.
Altra’s president Carl Christenson says, “Expanding into 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. 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, over time, serving as a launching platform for several other Altra businesses.”
Altra’s suite of brands includes the industry-leading Turboflex, Ameridrives and Huco Dynatork. The highly engineered coupling products manufactured by these companies represent the latest in technology, featuring superior design and quality to ensure long-lasting performance in all types of environments.
Marketed in more than 70 countries, Altra supplies more than 40 product lines including industrial clutches and brakes, enclosed gear drives, open gearing, couplings, machine-race bearings, variable frequency and belted drives and linear actuators. It boasts customers across the world in general industrial, material handling, aggregate and mining, automotive, marine, power generation and transportation sectors.