Motion Industries to acquire Moss Rubber
December 3, 2015 by Manufacturing AUTOMATION
Dec. 3, 2015 – Motion Industries, a wholly owned subsidiary of Genuine Parts Company, has entered into a definitive agreement whereby Motion Industries has agreed to acquire Moss Rubber and Equipment. Execution of the transaction is expected to take place immediately.
Moss Rubber and Equipment has been a supplier of quality industrial rubber products since 1965. Moss specializes in hose and rubber products for the manufacturing, petroleum, construction, mining, and agricultural industries throughout northern California.
“We are very excited to become part of Motion Industries and to be able to leverage the added strength that the company provides,” said Greg Moss, president of Moss Rubber. “It will be a good fit with our customer relationships, which for both companies are built on a platform of trust, performance, and satisfaction.”
Tim Breen, president and CEO of Motion Industries, said, “We are excited about gaining Moss’s technical expertise in the hose and rubber category, which will help broaden Motion Industries’ services even more in this area. We want to welcome all Moss employees to the Motion family, and we look forward to the contributions they will make to our Company in the years to come.”
With annual sales of $4.8 billion, Motion Industries is an industrial parts distributor of bearings, mechanical power transmission, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial products, safety products, and material handling.