Birmingham, Alabama-based Motion Industries Inc. has announced it has entered into a definitive agreement to acquire Los Angeles-based Numatic Engineering. The transaction to finalize the acquisition has been scheduled for Aug. 1, 2017.
Founded in 1955, Numatic Engineering has more than 60 years of experience selling and supporting automation components. Its product line includes pneumatic automation and electrical motion controls, programmable logic controllers (PLCs), variable-frequency-drives (VFDs), sensors and a machine vision and industrial communication devices. For more than a decade, Numatic Engineering has been selling multiple lines of robotics, including end-of-arm tooling and “collaborative robot technology.”
“After meeting with several potential buyers, we found a cultural fit with Motion Industries and are very pleased to become part of their team,” says Steve Leach, Numatic Engineering’s 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.”
Comments Tim Breen, president and CEO of Motion Industries, “The acquisition of Numatic Engineering continues to build upon and complement our growth strategy in the area of industrial plant floor automation. Numatic Engineering will be operated as part of Motion’s Automation Solutions group, which includes Braas Company, [a Minnesota-based firm] acquired in October 2016.”
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 devices. The company has more than 530 locations, including 13 distribution centers in North America that serve more than 300,000 customers in the pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, pharmaceutical and food and beverage industries. Motion Industries is a wholly owned subsidiary of Genuine Parts Co., which is based in Atlanta.