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 Stoney Creek Hydraulics. The transaction is expected to close at the end of October, subject to customary closing conditions.
Founded in 1998, Stoney Creek Hydraulics specializes in hydraulic and pneumatic cylinder manufacture/repair. Cylinders are built according to customer blueprints or designed by the engineering team to meet a customer application’s specific requirements. Repair services include cylinder inspection, machining and testing with precision. The company is named for its location in Stoney Creek, Ontario.
“We are excited to begin a new chapter as part of the Motion team,” said Patrick Gauthier, Owner of Stoney Creek Hydraulics. “It is a great fit—both companies are customer-focused and share the same high values and service standards. The future is very bright for us and our customers as we combine resources and deepen our offerings.”
James Howe, President of Motion, added, “As we continue to execute our acquisition strategy to grow our services, we are pleased to welcome Stoney Creek Hydraulics employees to Motion. Their skills and capabilities will bolster our hydraulic offering in Canada and complement our mechanical repair services in the region.”
About Motion
With annual sales of over $8 billion, Motion is a leading industrial distributor of more than 19 million parts and supplies, including bearings; mechanical power transmission products; electrical and industrial automation components; hose, belting, and gaskets; hydraulic and pneumatic components; process pumps; industrial and safety products; seals and accessories; and material handling products and solutions. To increase customers’ productivity, the company offers many value-added services, including engineering, fabrication, repair and Industry 4.0 solutions across these product groups. In addition, Motion Automation Intelligence (Motion Ai), Motion Conveyance Solutions and Motion Repair & Services were formed to offer a wide range of specialized, related products and innovative solutions for many applications.
Motion North America has over 550 branches and service centers and 17 distribution centers. Motion Asia Pacific has over 150 branches and service centers and 13 distribution centers in Australasia. Motion serves more than 200,000 OEM and MRO customers in the aggregate and cement, automotive, chemical and allied products, equipment and machinery, equipment rental and leasing, fabricated metals, food and beverage, iron and steel, lumber and wood, oil and gas, pulp and paper, and rubber products. Motion is a wholly owned subsidiary of Genuine Parts Company (NYSE: GPC). Visit our website at
www.Motion.com.
Contact
Brenda Miller
Motion
(205) 956-1122