Motion Canada, a division of Motion Industries, Birmingham, Alabama, a subsidiary of Genuine Parts Company (NYSE: GPC), has entered into an agreement to acquire The Fluid Power House, Ontario, Canada. Terms of the transaction were not disclosed.
Fluid Power House is an engineering-focused, full-service fluid power distributor supplying hydraulic systems and solutions at four locations in Ontario. The company expects annual 2019 sales of more than $21 million.
"We are pleased with the growth Motion Canada is realizing,” said Randy Breaux, President of Motion Industries. “This acquisition allows us to continually earn our place as the premier industrial solutions company by providing the preferred customer experience and delivering shareholder value."