Brief: Allied Motion Technologies- Has Acquired Airex, Llc

Allient

21/06/2022 14:45

Allied Motion Technologies Inc  AMOT.O :
    * ALLIED MOTION TECHNOLOGIES- HAS ACQUIRED AIREX, LLC
    * ALLIED MOTION TECHNOLOGIES INC- AIREX IS EXPECTED TO BE
ACCRETIVE TO BOTH ALLIED'S MARGIN PROFILE AND EARNINGS PER SHARE
IN FIRST YEAR
    * ALLIED MOTION TECHNOLOGIES INC- FINANCIAL TERMS OF
TRANSACTION
WERE NOT DISCLOSED

Source text for Eikon:  ID:nBw9YrkD0a 
Further company coverage:  AMOT.O