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Category: Motiom

Motion Finalizes $1.3B Kaman Deal

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 […]