June 21, 2022
Allied Motion Technologies, which designs and manufacturers precision and specialty motion control products, has announced it acquired Airex LLC, a privately owned company with more than 70 years of history providing high-precision electromagnetic components for aerospace/defense, life sciences, semiconductor and other commercial industrial applications.
Airex’s patented winding technology, combined with robotic manufacturing, helps create best-in-class linear motors – ironless and iron core, rotary motors, voice coils, wound electromagnetic components and subcomponents.
“This acquisition is another excellent addition and strategically expands our motor offerings as it brings decades of materials understanding, engineering and lean manufacturing experience focused on providing quick-turn response times and custom solutions to our customers,” said Dick Warzala, chairman and CEO of Allied Motion Technologies. “From a product line perspective, Airex linear motors are the ‘Best-in-Class’ as they provide the highest torque density in the industry and have been selected and utilized in our Alio solution offerings for many years. Equally important, Airex has developed world-class quality systems to support broad mission-critical defense programs and other high-demanding industries such as life sciences and semiconductor. We are excited about adding Airex’s proven track record and team to the Allied family.”
Established in 1950, Airex is a third generation-owned company based in Somersworth, N.H. The company partners with leading military and commercial companies to help develop and design magnetic components that are often critical for technologies across many growth end markets. Allied said Airex is expected to be accretive to both Allied’s margin profile and earnings per share in the first year. Financial terms of the acquisition were not disclosed.