WILTON, Conn. (March 10, 2016) – Altus Capital Partners, an investment firm focused on middle market manufacturing companies in the U.S., announced the acquisition of Nichols Portland, a division of Parker Hannifin Corporation.

Nichols Portland is a designer and manufacturer of precision powder metal fixed and variable displacement gears, including gerotor gears and smart pumps for automotive and on-off highway and other industrial markets.