Motion Industries, a distributor of industrial parts that serves the aggregates and cement industries, has purchased Kaman Distribution Group (KDG) in Connecticut for approximately $1.3 billion.
The move is expected to boostMotion‘s concentration in core industrial products and services as well as in the technical / automation areas, including precision engineering.
KDGprovides electro-mechanical products, bearings, power transmission, motion control and electrical and fluid power components. The company’s employees serve more than 5,000 customers.
Motion president Randy Breaux says: “It’s a very exciting time; this transformative move will be highly beneficial to everyone involved, especially for customers of our combined entities. Our customer service will be the best it’s ever been with deepened and expanded capabilities. In addition, KDG shares many of our same cultural beliefs, principles and ambitions, including our commitment to providing superior service and value to our customers. We look forward to welcoming the highly talented KDG associates to the Motion team.”
