Applied Industrial Technologies Acquires Automation Inc. - Modern Distribution Management

Log In

Applied Industrial Technologies Acquires Automation Inc.

Applied continued its investment in the automation industry with its fourth acquisition in that market since 2019.
Milan, Italy - August 10, 2017: Applied Industrial Technologies logo on the website homepage.

Applied Industrial Technologies is continuing its investment in the automation industry, announcing Nov. 2 its acquisition of Minneapolis-based Automation Inc. Financial terms of the transaction were not disclosed. Applied ranked as the No. 2 Power Transmission/Bearings Distributor and No. 13 Industrial Distributor in Modern Distribution Management’s 2022 Top Distributor list.

Founded in 1981, Automation Inc. is a distributor of motion, machine vision, pneumatic, electrical, process control and machine components. The company serves customers across pharmaceutical, manufacturing, consumer products and other various industrial industries.

Long known as strictly an MRO products distributor, Cleveland-based Applied has focused on bolstering its automation portfolio since 2019. Its automation acquisitions include Olympus Controls Corp. in August 2019; Advanced Control Solutions in October 2020; R.R. Floody in August 2021; and Gibson Engineering Company in January 2021.

“Our automation platform is gaining notable traction within our served markets,” Applied President and CEO Neil Schrimsher said. “The addition of Automation, Inc. will further optimize this position, including expanding our footprint across key verticals and geographies, while supplementing our value-added services and cross-selling efforts. Overall, we see significant potential and synergies building across our automation platform that stand to enhance our growth and earnings potential long term.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.