[advertisement]

January 4, 2022



Industry News

Motion Completes Acquisition of Kaman Distribution Group

Motion Industries, Inc. has completed the purchase of Kaman Distribution Group for a purchase price of approximately $1.3 billion in cash, effective January 3, 2022.

The strategic addition of KDG to Motion will significantly boost the latter’s concenration in core industrial products and services as well as in the growing technical/automation arenas, including precision engineering. As a leading power transmission, automation and fluid power industrial distributor and solutions organization with operations throughout the U.S., KDG provides electro-mechanical products, bearings, power transmission, motion control and electrical and fluid power components to MRO and OEM customers. Headquartered in Bloomfield, Connecticut, KDG’s 1,700 employees serve more than 50,000 customers.

“It’s a very exciting time; this transformative move will be highly beneficial to everyone involved, especially for customers of our combined entities,” said Motion President Randy Breaux. “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. We look forward to welcoming the highly talented KDG associates to the Motion team.”
Share and save:



[advertisement]

×

Like What You see?

Power Transmission Engineering magazinePower Transmission Engineering is THE magazine of mechanical components. PTE is written for engineers and maintenance pros who specify, purchase and use gears, gear drives, bearings, motors, couplings, clutches, lubrication, seals and all other types of mechanical power transmission and motion control components.

E-mail

Choose at least one from the options below:

 Power Transmission Engineering magazine, published 8 times per year (print or digital).

 Power Transmission Engineering e-mail newsletter, published weekly.

 Special Offers and promotions via e-mail from Power Transmission Engineering's advertisers and partners.

*Unsubscribe any time.
Full details in our privacy policy
Already a subscriber? Log in