- Published: 04 December 2019 04 December 2019
Moog has announced that it has completed the acquisition of Gesellschaft für Antriebstechnik mbH and GAT Inc. (GAT) for a purchase price of €48.5 million. GAT is headquartered in Geisenheim, Germany and has approximately 200 employees.
GAT designs and manufactures fluid rotating unions and slip rings. The company’s products are used in a variety of applications including specialty industrial machinery,machine tools, steel mills, medical products, wind turbines, and semiconductor fabrication. GAT anticipates 2019 year-end sales of €34 million. The business was founded in 1978.