Allied Motion Technologies Acquires FPH Group
May 31, 2022
Allied Motion Technologies Inc. acquired FPH Group, a Canada-based developer of electrical drive systems and lightweight composite technologies for ground-based defense vehicles. The deal expands Allied Motion's capabilities and defense market penetration by adding FPH's engineering, prototyping and production expertise; financial terms were not disclosed.
- Buyers
- Allied Motion Technologies Inc.
- Targets
- FPH Group
- Industry
- Aerospace & Defense
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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