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Altra gets Stromag

Altra closes on Stromag acquisition.

Noel Dyson
Both Altra and Stromag parts are used in mineral processing plants.

Both Altra and Stromag parts are used in mineral processing plants.

The acquisition cost comprised the assumption of €14 ($A20) million debt and a cash consideration of €184 million. Altra chairman and CEO Carl Christenson said Stromag would give Altra complementary...

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