Motion Industries acquires Kaman Distribution for $1.3 billion

Addition will boost Motion’s core industrial products and services.

Motion Industries’ headquarters in Birmingham. Motion Industries Inc. has completed the purchase of Kaman Distribution Group for the price of approximately $1.3 billion in cash. The addition will boost Motion’s concentration in core industrial products and services, as well as grow its technical and automation arenas, including precision engineering. A power transmission, automation and fluid…

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