Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, enters into a definitive agreement to acquire Numatic Engineering. Execution of the transaction will reportedly occur on August 1, 2017.
Founded in 1955, Numatic Engineering sells and supports automation components, with products ranging from pneumatic automation to electrical motion controls, PLCs, VFDs, machine vision, sensors and industrial communication. Numatic Engineering sells multiple lines of robotics, including end-of-arm tooling, and is reportedly recognized for implementing "collaborative robot technology."
"The acquisition of Numatic Engineering continues to build upon and complement our growth strategy in the area of industrial plant floor automation,” says Tim Breen, president and CEO of Motion Industries. “Numatic Engineering will be operated as part of Motion’s Automation Solutions group, which includes Braas Company, acquired in October 2016.”
Motion Industries has over 530 locations, including 13 distribution centers throughout North America and serves more than 300,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, and pharmaceutical industries, according to the company.
For more information, visit: www.MotionIndustries.com
