ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC) Files An 8-K Completion of Acquisition or Disposition of Assets

ME Staff 8-k
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ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC) Files An 8-K Completion of Acquisition or Disposition of Assets

Item 2.01. Completion of Acquisition or Disposition of Assets.

On January 5, 2017, Altra Industrial Motion Corp. (the Company)
filed with the Securities and Exchange Commission a report on
Form 8-K (the Prior 8-K) disclosing that the Company, through
certain of its subsidiaries, completed its previously announced
acquisition of the Stromag business (the Stromag Business) from
GKN plc. on December 30, 2016 (the Stromag Acquisition). This
amendment is being filed to amend and supplement the Prior 8-K to
include the financial information required by Item 9.01 of Form
8-K.

Item 9.01 Financial Statements and Exhibits.

(a)

Financial Statements of Business AcquiredThe audited
combined financial statements of the Stromag Business for
the fiscal years ended December 31, 2015 and 2014 are
filed as Exhibit 99.1 to this report and incorporated by
reference into this Item 9.01(a).

(b)

Interim Financial Statements of Business AcquiredThe
unaudited interim combined financial statements of the
Stromag Business for the six months ended June 30, 2016
and 2015 are filed as Exhibit 99.2 to this report and
incorporated by reference into this Item 9.01(b).

(c)

Pro Forma Condensed Combined Financial InformationThe
unaudited pro forma condensed combined financial
information of the Company for the fiscal year ended
December 31, 2016 is filed as Exhibit 99.3 to this report
and incorporated by reference into this Item 9.01(c). The
Pro Forma Condensed Combined Financial Information is a
presentation of historical results with accounting
adjustments necessary to reflect the estimated pro forma
effect of the Companys acquisition of the Stromag
Business on the result of operations of the Company and
is presented for information purposes only. The Pro Forma
Condensed Combined Financial Information does not reflect
the effects of any anticipated changes to be made by the
Company to the operations of the combined companies,
including synergies and cost savings and does not include
any one time charges expected to result from the Stromag
Acquisition. The Pro Forma Condensed Combined Financial
Information should not be construed to be indicative of
the Companys future results of operations.

Number No. Description

23.1

Consent of PricewaterhouseCoopers LLP, Independent
Accountants

99.1

Audited combined financial statements of the Stromag
Business for the years ended December 31, 2015 and 2014.

99.2

Unaudited Interim combined financial statements of the
Stromag Business for the six months ended June 30, 2016
and 2015.

99.3

Unaudited pro forma condensed combined financial
information of Altra Industrial Motion Corp.


About ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC)

Altra Industrial Motion Corp. is a designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. The Company’s products are used to control and transmit power and torque in virtually any industrial application involving movement. The Company’s product portfolio includes clutches and brakes, couplings and gearing, and power transmission components. Its products are used in a range of manufacturing processes. Its products are also used in non-manufacturing applications, such as clutches and brakes for elevators, and residential and commercial lawnmowers. The Company’s products serve a range of end markets, including energy, general industrial, material handling, mining, transportation, and turf and garden.

ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC) Recent Trading Information

ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC) closed its last trading session up +0.65 at 39.20 with 175,478 shares trading hands.