Bonfiglioli Riduttori of Italy has acquired the electric wheel drive and planetary track and wheel drive product lines from Comer Industries. Bonfiglioli Riduttori and Comer Industries announce the agreement, which will allow both companies, leaders in the power transmission system design and production sector, to achieve their respective long-term strategic objectives.
Beginning in January 2015, Comer Industries transferred its electric wheel drive (electric track and wheel) and planetary track and wheel drive product lines to Bonfiglioli Riduttori. The transfer of the two product lines will not affect Comer Industries’ workforce, since the agreement does not involve the transfer of resources.
For Bonfiglioli, this acquisition will allow it to expand its own range of planetary track and wheel drives and extend its offer of electro-mobility solutions, especially for the material-handling sector. Comer Industries will be able to concentrate and optimize its resources on its core product lines, intended for industrial (machines for construction and forestry, energy, fixed installations) and agricultural sector applications.
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