Motion Industries (GPC subsidiary) to acquire Axis New England and Axis New York

Motion Industries, a wholly owned subsidiary of Genuine Parts Co., signed a definitive agreement to acquire automation and robotics distributors Axis New England and Axis New York, expanding its industrial automation footprint. The acquired companies will operate within Motion's automation solutions group.

“Motion Industries, Inc., a distributor of maintenance, repair, and operation replacement parts and a wholly owned subsidiary of Genuine Parts Co. (GPC), has entered into a definitive agreement to acquire Axis New England and Axis New York, automation and robotics companies based in Danvers, Massachusetts.”

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