Motion Industries to Acquire Numatic Engineering
July 21, 2017—
Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, recently announced that it has entered into a definitive agreement to acquire Numatic Engineering. Execution of the transaction will occur on August 1, 2017.
Founded in 1955, Numatic Engineering has over 60 years of experience selling and supporting automation components. Their vast product offering ranges from pneumatic automation to electrical motion controls, PLCs, VFDs, machine vision, sensors and industrial communication. For more than a decade, Numatic Engineering has been selling multiple lines of robotics, including end-of-arm tooling. Numatic Engineering is one of the leading companies in California selling and implementing "collaborative robot technology." Their sales and application support teams have the in-depth knowledge to help engineers, from both OEMs and end users, apply the right products to solve customers' challenges. Their value-added solutions team, with UL508 listing, provides Numatic Engineering the ability to assemble the products they sell into engineered solutions to meet specific customer needs.
Steve Leach, Numatic Engineering’s president, commented about the acquisition, "After meeting with several potential buyers, we found a cultural fit with Motion Industries and are very pleased to become part of their team. Becoming part of Motion assures that our employees will be well-cared for in the future and that we will have the ability to continue to service our customers and represent our supplier partners in the way which they are accustomed. At the same time, we’ll now have access to even greater capabilities and resources, enabling us to accelerate the growth of our already successful business."
Tim Breen, president and CEO of Motion Industries, said, "We are very pleased with the addition of this well-established company. The acquisition of Numatic Engineering continues to build upon and complement our growth strategy in the area of industrial plant floor automation. Numatic Engineering will be operated as part of Motion’s Automation Solutions group, which includes Braas Company, acquired in October 2016. We are happy to welcome all Numatic Engineering employees to the Motion family, and we look forward to the contributions they will make to our company in upcoming years."