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Deal announced Feb 2019

Motion Industries to acquire Axis New England and Axis New York

Motion Industries, a wholly owned subsidiary of Genuine Parts Co., entered a definitive agreement to acquire automation and robotics companies Axis New England and Axis New York, expected to close March 1.

“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.”

Entities

Axis New England · Target Axis New York · Target Genuine Parts Co. · Parent Motion Industries · Acquirer
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