Motion Enters Into Agreement to Purchase Industrial Products Distributor

Motion’s Market Expanding in Canada

Birmingham, Ala. – Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the operating assets of Canadian-based LSI Supply Inc. and its sister company 273 Ontario (which trades as LSI). The transaction is expected to close later this month, subject to customary closing conditions. 

Headquartered in Windsor, Ontario, LSI Supply has five area locations and distributes bearings, seals, power transmission and fluid power components, and industrial supplies. Industries served include agriculture, automotive, food & beverage, marine, plastic injection, renewable energy and tool & die. LSI also provides maintenance supplies for the military and wastewater services.