In a blockbuster deal that shifts the competitive landscape beyond their core product sectors, Motion Industries announced in December that it was acquiring Kaman Distribution Group for $1.3 billion. I wrote a “behind-the-deal” analysis shortly after that announcement, and the deal closed at the beginning of January. In this week’s MDM Podcast, Motion Industries President […]
Category: Kaman
Motion Finalizes $1.3B Kaman Deal
Motion Industries, Inc. has completed its purchase of Kaman Distribution Group for approximately $1.3 billion in cash. The deal was finalized Monday. Genuine Parts Company last month agreed to acquire Kaman Distribution Group under GPC’s wholly owned subsidiary, subsidiary Motion Industries. The addition of KDG is expected to significantly boost Motion’s concentration in core industrial […]
