Motion to Add Pair of Canadian Fluid Power Providers - Modern Distribution Management

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Motion to Add Pair of Canadian Fluid Power Providers

It marks the first transaction for Motion since its landmark $1.2 billion buy of Kaman Distribution Group at the start of 2022.
Motion HQ

MRO parts distributor Motion is set to expand its hydraulic and pneumatic footprint in Canada.

The company announced Feb. 20 that it has acquired the assets of Perfetto Manufacturing and SER Hydraulics — two providers of engineered solutions, service and equipment for hydraulic/pneumatic cylinders, complex power units and other assets. Both are based in Sudbury, Ontario, which is Ontario’s largest city in Northern Ontario by population (166,000 as of 2021 Canadian Census).

SER began operations in 1978, and Perfetto started in 1986.

Terms weren’t disclosed for the transaction, which is expected to be finalized at the end of February. 

Premium: How Motion Found its North Star, and Where it’s Headed (January)

Both Perfetto and SER service the Sudbury area, which is central to mining, agricultural and forestry industries, and Motion said the deal will expand and improve the company’s services to those and other heavy-industry customers.

“After more than 30 successful years in business, we want to thank our loyal customers and employees for contributing to our success,” Perfetto and SER Owner Gerald Perfetto Sr. saw in a news release. “the  Motion team is committed to continued investment in the business, which will bring great opportunities for our customers, employees and the communities in which we work and live. We couldn’t be more pleased with the interest that Motion has taken in our business and wish everyone continued success.”

It marks the first acquisition for Motion since its landmark $1.2 billion buy of Kaman Distribution Group at the start of 2022.

“We look forward forward to welcoming these two terrific organizations, especially the talented employees,’” Genuine Parts North America President Randy Breaux added. “These world-class experts will be key to our market growth strategy, and we look forward to extending our position together as a premier leader in industrial solutions.”

Motion Appoints Strategy & Markets Leader (January)

Genuine Parts Company reported its fourth quarter and full-year financial results on Feb. 15, which showed continued modest — although accelerated — 4Q growth at Motion, which is GPC’s Industrial Parts subsidiary.

Motion ended 2023 with full-year sales of $8.8 billion, up 4.9% vs. 2022.

On MDM’s 2023 Top Distributors Lists, Motion was No. 2 for industrial supplies, No. 2 for MRO, No. 1 for power Transmission/bearings, No. 3 for fluid power and No. 2 for hose/hose accessories.

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