# 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.

- Type: Acquisition
- Announced: 2019-02-13
- Where: Danvers, Massachusetts; Rochester, New York, United States
- Status: announced
- Products: automation and robotics systems, component parts, engineered systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Motion Industries](https://endata.com/companies/2295.md) (acquirer)
- [Genuine Parts Co.](https://endata.com/companies/2296.md) (acquirer)
- [Genuine Parts Co.](https://endata.com/companies/2296.md) (investor)
- [Axis New England](https://endata.com/companies/37283.md) (target)
- [Axis New York](https://endata.com/companies/37284.md) (target)

## Sources

- [genpt.com](https://www.genpt.com/2019-02-13-Genuine-Parts-Company-Announces-Industrial-Automation-and-Robotics-Acquisition), 2019-02-13: "Axis is a well-established company that further expands Motion's capabilities in the area of industrial plant floor automation."
- [prnewswire.com](https://www.prnewswire.com/news-releases/genuine-parts-company-announces-industrial-automation-and-robotics-acquisition-300795341.html), 2019-02-13: "Axis is a well-established company that further expands Motion's capabilities in the area of industrial plant floor automation."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/13777310/motion-industries-expands-robotics-automation-business-with-acquisition-of-axis), 2019-02-14: "Motion Industries is making a significant expansion in the area of automation and robotics with the announced acquisition of Axis New England and Axis New York."
- [controleng.com](https://www.controleng.com/automation-and-robotics-company-acquired/), 2019-02-14: "Motion Industries has acquired Axis New England and Axis New York, an automation and robotics company."
- [achrnews.com](https://www.achrnews.com/articles/keyword/17511-acquisitions-in-the-hvac-industry?page=58), 2019-02-20: "Acquiring Axis is in keeping with our strategic intent and complements our growth in the area of industrial plant floor automation."
- [roboticsandautomationnews.com](https://roboticsandautomationnews.com/2019/03/12/genuine-parts-company-purchases-industrial-automation-and-robotics-company/21320/), 2019-03-12: "Axis is a well-established company that further expands Motion's capabilities in the area of industrial plant floor automation."

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