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 power industrial distributor throughout the U.S., KDG provides electro-mechanical products, bearings, power transmission, motion control and electrical and fluid power components to original equipment manufacturers and maintenance, repair and overhaul customers. Connecticut-based KDG has 1,700 employees, serving more than 50,000 customers.
“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,” said Randy Breaux, Motion president.
Motion Industries is based in Birmingham. The company, which recently celebrated its 75th anniversary, was started in 1946 and has more than 500 locations.