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ITT sells Torque Systems to SL Industries

SL Industries, Inc. has announced the acquisition of the assets of ITT Torque Systems, Inc., from ITT Corporation.  The Torque Systems business, based in Massachusetts, USA, is focused on designing and manufacturing engineered motion control products, including brush servo motors, brushless servo motors, incremental encoders, and linear actuators.

EC Mergers & Acquisitions acted as exclusive advisor to ITT Corporation on this transaction.

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