Sales growth at Motion Industries narrowly outpaced that of 2Q, with organic sales driving the majority of it, alongside a continued boost from Kaman Distribution Group.
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Mike Marks and Tom Gale explore the impact of recent landmark acquisitions and how the mission of strategic deals runs counter to that of private equity.
In May, the packaging and jan/san distributor notched its 50th acquisition under current leadership. Weeks earlier, private equity firm Advent International agreed to acquire a large stake in the company.
Kaman announced it will acquire Parker’s aircraft wheel & brake division for $440 million.
Download MDM’s M&A Report: Activity in all industries finished 2021 at record levels, with more than 5,000 deals completed in the fourth quarter alone.
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Motion Industries President Randy Breaux shares details on how the deal came together, synergies and future growth opportunity in this deeper dive into the $1.3-billion transformative acquisition combining the No. 1 and No. 3 power transmission/motion controls distributors in North America.
Owens & Minor agreed to acquire Apria for an equity value of about $1.45 billion, just one week after Motion Industries completed its $1.3-billion purchase of Kaman Distribution Group.
GPC last month agreed to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc.
The deal strengthens Motion’s ability to compete – particularly for wallet share – against other broadline industrial product distributors.
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'Highly synergistic' acquisition valued at $1.3 billion, according to Genuine Parts Company.
Kaman Distribution Group, a national distributor and solutions provider, announced it has acquired Integro Technologies Corporation.
Kaman has been been a participent in the Joint Programmable Fuze (JPF) program to the U.S. Air Force since 2002.
Former CFO Starr will work with Coogan and Kaman's leadership team to ensure a smooth transtion over the rest of July.
Former Westco exec C. Todd Boone was named to a key role in Kaman Distribution’s automation business.
Former Timken exec Chris Henson named to key role for Kaman Distribution’s business development team.
Kaman Corp. adds chief operating officer and chief marketing officer to executive team.
Kaman Distribution Group taps former AD, Applied and Rexnord executive Robert Boyle as its VP of supply chain.
Kaman Distribution Group on Monday announced the appointment of Tom Holtry as area VP of the West and Edwin Mitchell as area VP of the Southwest for the Kaman Industrial Technologies business unit.
Kevin Glorio, a former Georgia Pacific, SKF and Applied executive, is joining Kaman Distribution as vice president of corporate accounts for the Kaman Industrial Technologies business unit.
PT and bearings distributor names Stephen Martin as vice president – general counsel and John Crawford as vice president of human resources.
