Motion Industries to acquire Numatic Engineering
July 24, 2017 | By Manufacturing AUTOMATION
Jul. 24, 2017 – Motion Industries, a wholly owned subsidiary of Genuine Parts Company, has entered into a definitive agreement to acquire Numatic Engineering.
Founded in 1955, Numatic Engineering has more than 60 years of experience selling and supporting automation components. Its product offering ranges from pneumatic automation to electrical motion controls, PLCs, VFDs, machine vision, sensors and industrial communication. For more than a decade, Numatic Engineering has been selling multiple lines of robotics, including end-of-arm tooling. Headquartered in Los Angeles, Calif., Numatic Engineering says its success is a “testament to [its] quality people and outstanding culture.”
“After meeting with several potential buyers, we found a cultural fit with Motion Industries and are very pleased to become part of their team,” said Steve Leach, Numatic Engineering president. “Becoming part of Motion assures that our employees will be well-cared for in the future and that we will have the ability to continue to service our customers and represent our supplier partners in the way which they are accustomed. At the same time, we’ll now have access to even greater capabilities and resources, enabling us to accelerate the growth of our already successful business.”
With annual sales of $4.6 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.It operates more than 530 locations, including 13 distribution centres throughout North America and serves more than 300,000 customers.
“We are very pleased with the addition of this well-established company. The acquisition of Numatic Engineering continues to build upon and complement our growth strategy in the area of industrial plant floor automation,” continued Tim Breen, President and CEO of Motion Industries.
Numatic Engineering will be operated as part of Motion’s Automation Solutions group, which includes Braas Company, acquired in October 2016.
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