M&A Deal Summary

JHFOSTER Acquires Motion Tech Automation - Distribution Business

On December 14, 2020, JHFOSTER acquired distribution company Motion Tech Automation - Distribution Business from Motion Tech

Acquisition Highlights
  • This is JHFOSTER’s 1st transaction in the Distribution sector.
  • This is JHFOSTER’s 1st transaction in the United States.
  • This is JHFOSTER’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2020-12-14
Target Motion Tech Automation - Distribution Business
Sector Distribution
Buyer(s) JHFOSTER
Sellers(s) Motion Tech
Deal Type Divestiture

Target

Motion Tech Automation - Distribution Business

Oakdale, Minnesota, United States
Motion Tech Automation's Distribution Business is a distributor of engineered automation, motion control, and sensor solutions for a diverse array of end markets. Motion Tech Automation's Distribution Business is based in Oakdale, Minnesota.

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Buyer(S) 1

Buyer

JHFOSTER

Eagan, Minnesota, United States

Category Company
Founded 1938
Sector Distribution
DESCRIPTION

JHFOSTER is a distributor of motion control parts and accessories, compressed air systems, collaborative robots, industrial robotics, and electrical automation products. JHFOSTER was founded in 1938 and is based in Eagan, Minnesota.


DEAL STATS #
Overall 1 of 4
Sector: Distribution M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 2
Country: United States M&A 1 of 3
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Sensors

Delano, Minnesota, United States

Sensors is a distributor and integrator of industrial sensing products and systems, including machine vision, process control, and monitoring, barcode scanning, and safety guarding solutions. Sensors are based in Delano, Minnesota.

Buy -

Seller(S) 1

SELLER

Motion Tech

Oakdale, Minnesota, United States

Category Company
Founded 1987
Sector Distribution
DESCRIPTION

Motion Tech is a distributor and custom solutions provider of precision motion control (“PMC”) components and assemblies, serving OEMs and industrial companies in the packaging, medical, factory automation, semiconductor, and aerospace/defense markets. Motion Tech was founded in 1987 and is headquartered in Oakdale, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1