M&A Deal Summary

MCE Acquires Nova Hydraulics

On October 3, 2023, MCE acquired machinery company Nova Hydraulics

Acquisition Highlights
  • This is MCE’s 2nd transaction in the Machinery sector.
  • This is MCE’s 15th transaction in the United States.
  • This is MCE’s 3rd transaction in Indiana.

M&A Deal Summary
Date 2023-10-03
Target Nova Hydraulics
Sector Machinery
Buyer(s) MCE
Deal Type Add-on Acquisition

Target

Nova Hydraulics

Indianapolis, Indiana, United States
Nova Hydraulics is an independent hydraulics solutions provider, specializing in the repair, remanufacture and supply of hydraulics parts to end-users, resellers, repair houses and OEMs. Nova was founded in 1998 and is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

MCE

Zelienople, Pennsylvania, United States
Category Company
Founded 1951
Sector Distribution
DESCRIPTION

MCE is an industrial distributor of branded motion and control systems specializing in connectors, hydraulics and pneumatics. MCE was founded in 1951 and is based in Zelienople, Pennsylvania.

DEAL STATS #
Overall 15 of 25
Sector (Machinery) 2 of 3
Type (Add-on Acquisition) 15 of 24
State (Indiana) 3 of 3
Country (United States) 15 of 25
Year (2023) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-18 Ultimation

Roseville, Michigan, United States

Ultimation is a direct-to-user provider of conveyor solutions serving the automotive, food processing, vertical farming, heavy equipment, warehousing, fulfillment, and delivery industries. The company offers a line of proprietary automation systems and is also the largest integrator of Jervis Webb Conveyor Systems. Its e-commerce channel sells Ultimation, Interroll, Itoh Denki, Jervis Webb, and a wide range of other conveyor equipment. Ultimation is based in Roseville, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 Applied Industrial Controls

Buford, Georgia, United States

Applied Industrial Controls is a distributor of motors, drives, and controls for industrial and municipal customers in the states of Georgia, South Carolina, North Carolina, Alabama, Tennessee, and Florida. AIC was founded in 1996 and is based in Buford, Georgia.

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