Allient Inc., a global leader in the design and manufacture of precision and specialty motion, controls, and power products, has announced the acquisition of SNC Manufacturing Co., Inc. SNC, a top-tier designer and global manufacturer of electrical transformers, serves a diverse range of sectors including defense, industrial automation, alternative power generation, and energy.
The acquisition will enhance Allient’s power quality capabilities and provide additional low-cost manufacturing capacity. SNC, which generated approximately $40 million in revenue over the past year, will become a Technology Unit within Allient’s Allied Power Technology Pillar. The unit will report to Ashish Bendre, Corporate VP and Group President of Allient.
SNC, founded in 1946 and headquartered in Oshkosh, Wisconsin, employs around 440 staff across three locations, with additional manufacturing facilities in Mexico and China. The current leadership team at SNC will continue to manage the business post-acquisition.
Richard S. Warzala, Chairman, President and CEO of Allient, commented, “SNC is a solid addition to our Allied Power pillar. In addition to extending our capabilities in the clean power industry, SNC Manufacturing Co will provide us broader and deeper reach into industrial automation, defense, medical and in the energy and alternative energy markets.
The business will also provide expanded opportunities to leverage sales channels and, additionally, we will gain much-needed manufacturing capacity and expertise to further grow our power quality business. And lastly, we are confident that through the utilization of Allient Systematic Tools we are in a good position to leverage our expertise to drive productivity and margin improvements over time.
We are honored that John Vette III, selected Allient to carry the legacy of SNC forward after owning and leading the Company for 50+ years. John has built a strong leadership team and Jim Koepke the current President and COO of SNC Manufacturing Co will continue to lead SNC under Allient as the VP and General Manager of the Technology Unit.
Jim will report directly to Ashish Bendre. We are confident that under the leadership of Ashish and Jim, the opportunities for Allied Power with this new addition will be greatly accelerated. We welcome the leadership team and the entire SNC workforce to the Allient family and we look forward to continued growth and success in the future.”
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