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Motion Industries signed a definitive purchase agreement to acquire Allied Circuits, an electrical and automation firm. The transaction is expected to close in May 2024.
“Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire Allied Circuits, an electrical and automation firm.”controleng.com
Summarized from public sources; check the original articles before acting on it.