Motion Industries to acquire Axis New England and Axis New York
Genuine Parts Company's Motion Industries has entered into a definitive agreement to acquire Axis New England and Axis New York, automation and robotics companies, for an undisclosed amount. The deal is expected to close on March 1, 2019.
Productsautomation and robotics systemscomponent partsengineered systems
“Axis is a well-established company that further expands Motion's capabilities in the area of industrial plant floor automation.”genpt.com
- 6 sources
- genpt.comGenuine Parts Company Announces Industrial Automation and Robotics Acquisition - Feb 13, 2019Feb 13, 2019
- prnewswire.comGenuine Parts Company Announces Industrial Automation and Robotics AcquisitionGenuine Parts CompanyFeb 13, 2019
- inddist.comMotion Industries Expands Robotics, Automation Business with Acquisition of Axis | Industrial DistributionDaniel SeegerFeb 14, 2019
- controleng.comAutomation and robotics company acquired - Control EngineeringMotion IndustriesFeb 14, 2019
- achrnews.comAcquisitions in the hvac industry - Articles - Page 58 | ACHR News
Summarized from public sources; check the original articles before acting on it.
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