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Motion Industries, a distributor of maintenance, repair, and operation replacement parts, and a provider of industrial technology solutions, has completed its purchase of Kaman Distribution Group for a purchase price of approximately $1.3 billion in cash.
The transaction was effective Jan. 3.
The strategic addition of KDG to significantly boosts Motion’s concentration in core industrial products and services and in technical and automation arenas including precision engineering, Motion said in a press release.
As a power transmission, automation, and fluid power industrial distributor and solutions organization with operations throughout the U.S., KDG provides electromechanical products, bearings, power transmission, motion control, and electrical and fluid power components to MRO and OEM customers, according to the press release.
Headquartered in Bloomfield, Connecticut, KDG’s 1,700 employees serve more than 50,000 customers, Motion said in the press release.
For more information, visit www.Motion.com and ec.kamandirect.com/storeus.