M&A Deal Summary |
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Date | 2015-08-24 |
Target | Lake Erie Abrasive & Tool |
Sector | Distribution |
Buyer(s) | Motion Industries |
Deal Type | Add-on Acquisition |
Advisor(s) | EdgePoint Capital Advisors (Financial) |
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Category | Company |
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Founded | 1946 |
Sector | Distribution |
Revenue | 4.6B USD (2015) |
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. Motion Industries has over 550 operations including 15 distribution centers throughout North America and serves more than 150,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, and pharmaceutical industries. Motion Industries was formed in 1946 and is based in Birmingham, Alabama.
DEAL STATS | # |
---|---|
Overall | 8 of 17 |
Sector (Distribution) | 5 of 14 |
Type (Add-on Acquisition) | 8 of 17 |
State (Ohio) | 2 of 2 |
Country (United States) | 7 of 16 |
Year (2015) | 2 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
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2015-01-14 |
Miller Industries
Ooltewah, Tennessee, United States Miller Industries, Inc. is an independent distributor in Florida for industrial MRO products, including bearings, power transmission products, fluid power, electrical and automation components, as well as safety and industrial supplies. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-12-01 |
Moss Rubber and Equipment
South San Francisco, California, United States Moss Rubber and Equipment Corp. is a supplier of quality industrial rubber products. Moss specializes in hose and rubber products for the petroleum, construction, mining, manufacturing, transportation and agricultural industries. |
Buy | - |