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Arnold announces acquisition of Ramco - Daily Advocate

Arnold announces acquisition of Ramco Staff report Ramco Electric Motors, Inc. in Greenville was recently aquired by Arnold Magnetic Technologies Coporation, a subsidary of Compass Diversified. Ramco will remain on Jaysville-St. Johns Road just outside of Greenville. ROCHESTER, N.Y. 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. Ramco is a AS9100 Certified Company for the manufacturer of stators, rotors and full electric motors. Ramco was founded in 1987 and is based in Greenville, Ohio. Ramco supplies their custom electric motor solutions for general industrial, aerospace and defense, and oil and

Arnold Magnetic Technologies Announces Acquisition of Ramco Electric Motors

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

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