# Motion Industries to acquire Apache Inc., Cedar Rapids industrial belt and hose supplier

Motion Industries, a subsidiary of Genuine Parts Co., reached a definitive agreement to acquire Cedar Rapids-based Apache Inc., a supplier of industrial belts and hoses, with closing expected on 1 November 2017. The deal is expected to add about $100 million in revenue to Motion.

- Type: Acquisition
- Announced: 2017-10-30
- Where: Cedar Rapids, Iowa, United States
- Status: announced
- Products: industrial belts, industrial hoses
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Motion Industries](https://endata.com/companies/2295.md) (acquirer)
- [Genuine Parts Co.](https://endata.com/companies/2296.md) (investor)
- [Apache Inc.](https://endata.com/companies/2297.md) (target)

## Sources

- [corridorbusiness.com](https://corridorbusiness.com/motion-industries-acquires-apache-inc/), 2017-10-30: "Motion Industries, a subsidiary of pub­licly traded Genuine Parts Co., has reached a definitive agreement to acquire Apache in a deal expected to close Nov. 1."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.