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Category: Kaman Distribution

Genuine Parts to Acquire Kaman Distribution Group Under Motion Subsidiary

Genuine Parts to Acquire Kaman Distribution Group Under Motion Subsidiary

Genuine Parts Company (NYSE: GPC) on Thursday announced it has entered into a definitive agreement to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc. The acquisition of KDG from private investment firm Littlejohn & Co. is valued at approximately $1.3 billion, according to GPC. The transaction is expected to close in the […]