Consolidation trend May 2018 · California
Motion Industries' second California acquisition in a year
The Power Industries deal marks Motion Industries' second acquisition of a California company within a year, following Numatic Engineering (Los Angeles) in August 2017, indicating a pattern of regional consolidation.
“The agreement marks Motion Industries’ second acquisition of a California company in the last year. Numatic Engineering (Los Angeles) joined the Motion Industries team in August 2017.”
Entities
Motion Industries, Inc. · Acquirer Numatic Engineering · Target
Other
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