Altra Industrial Motion

Machine Tools
USA

According to its Quarterly Report filed with the SEC in 2018: "During the reporting period, Bibby Transmissions Limited, a subsidiary of Altra organized and existing under the laws of England (“Bibby”), sold couplings to a customer in the United Kingdom, for ultimate re-sale to an Iranian end user for use in a gas treating plant.  Gross revenues received by Bibby in connection with this transaction were approximately GBP 60.6 thousand and net profits were approximately GBP 12.9 thousand." 

--

According to its Annual Report filed with the SEC for fiscal year 2017: "During the three months ended December 31, 2017, Bibby Transmissions Limited, a subsidiary of Altra organized and existing under the laws of England (“Bibby”), sold couplings to a customer in the United Kingdom, for ultimate re-sale to an Iranian end user for use in a gas treating plant.  Total gross revenues received by Bibby in connection with these transactions were approximately GBP 57.3 thousand and net profits were approximately GBP 21.1 thousand.  Bibby intends to continue pursuing opportunities with this direct customer and end user, to the extent compliant with applicable law."