04.03.2021 - WESTPORT, Conn., March 03, 2021 (GLOBE NEWSWIRE) - Compass Diversified (NYSE: CODI) (“CODI”), a Delaware statutory trust and the sole owner of 100% of the trust interests in Compass Group Diversified Holdings, LLC (the “Company”), and the Company .
Arnold Magnetic Technologies Announces Acquisition of Ramco Electric Motors
Expands Capabilities to Offer Complete System of Engineered Solutions to Combined Customer Base ROCHESTER, N.Y., March 02, 2021 (GLOBE NEWSWIRE) Arnold Magnetic Technologies Corporation (“Arnold”), a subsidiary of Compass Diversified (NYSE: CODI) and leading global manufacturer of high-performance magnets, magnetic assemblies, precision thin metals and highly loaded composites today announced that it has acquired Ramco Electric Motors, Inc. (“Ramco”), manufacturer of stators, rotors, and full electric motors. Financial terms of the transaction were not disclosed.
This transaction further advances Arnold’s strategic priorities to deliver new materials and engineered solutions that empower customers to develop next generation technologies. By acquiring Ramco, Arnold expands an already diverse product offering with industry leading electric motor solutions capabilities. In addition, Ramco brings