M&A Deal Summary

Motion Industries Acquires The Colmar Belting

On April 26, 2016, Motion Industries acquired distribution company The Colmar Belting

Acquisition Highlights
  • This is Motion Industries’ 9th transaction in the Distribution sector.
  • This is Motion Industries’ 11th transaction in the United States.
  • This is Motion Industries’ 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2016-04-26
Target The Colmar Belting
Sector Distribution
Buyer(s) Motion Industries
Deal Type Add-on Acquisition

Target

The Colmar Belting

South Boston, Massachusetts, United States
The Colmar Belting Co., Inc. is a distributor focused primarily on power transmission and belting sales and service. Colmar offerings include material handling related products such as conveyor belting, idlers and pulleys, as well as a wide spectrum of custom belt services such as slitting, fastening, and vulcanizing.

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Buyer(S) 1

Buyer

Motion Industries

Birmingham, Alabama, United States
Category Company
Founded 1946
Sector Distribution
Revenue 4.6B USD (2015)
DESCRIPTION
Motion Industries' corporate headquarters in Birmingham, Alabama.
Motion Industries' corporate headquarters in Birmingham, Alabama.

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 12 of 17
Sector (Distribution) 9 of 14
Type (Add-on Acquisition) 12 of 17
State (Massachusetts) 2 of 2
Country (United States) 11 of 16
Year (2016) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-22 Epperson

Tampa, Florida, United States

Epperson & Co. is an industrial distributor specializing in material handling products and services. Offerings include conveyor-related products such as belting, idlers and pulleys, as well as services such as system installation and removal, belting splicing and installation, idler replacement and other maintenance projects.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-19 OBBCO Safety & Supply

Chesapeake, Virginia, United States

OBBCO designs and distributes personal safety equipment to customers predominantly in southeastern Virginia engaged in the shipbuilding, utility and consumer industries. Based in Chesapeake, VA, the Company offers a wide ranging product line that includes basic protective necessities such as gloves, hats and glasses as well as more complex items like fire retardant suits and fall protection gear.

Buy -
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