Deal announced Feb 2019 · Massachusetts / New York, USA
Motion Industries to acquire Axis automation and robotics company
Motion Industries, a Genuine Parts Company subsidiary, entered a definitive agreement to acquire Axis New England and Axis New York, an automation and robotics company, with closing set for March 1.
“Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, announced today that it has entered into a definitive agreement to acquire Axis New England and Axis New York (“Axis”), an automation and robotics company based in Danvers, Massachusetts.”
Entities
Axis New England · Target Axis New York · Target Genuine Parts Company · Parent Motion Industries, Inc. · Acquirer
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