Walterscheid (former GKN off-highway powertrain) becomes part of Comer Industries group Comer acquired 100% of Walterscheid powertrain group (Germany), leader in the transmission systems for the off-highway segment (agro 67%, CE and mining 33%) with EUR396m of sales (68% Europe, 21% NA, 6% APAC, 5% RoW) of which 1/3 is AM and 2/3 OEMs. Products are similar but mostly complementary to Comer''s (driveshafts, gearboxes, PTO shafts/clutches, Cardian shafts, fan clutch, axle shafts, TAS). The deal h ....