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Category: Motion
New Podcast: Inside the Motion Industries-Kaman Distribution Group Acquisition
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 […]
NAW Summit: Distribution Execs Get In-Person Glance at 2022 and Beyond
In the frigid Nation’s Capital, the National Association of Wholesale-Distributors made a triumphant return to an in-person conference this week during its 2022 Executive Summit. The now-unusual nature of a live, in-person gathering was evident, especially based on the commentary of attendees and presenters. Yet attendees, sponsors, headliners and support staff excitedly leapt back to […]
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 […]
Motion President Breaux: Transparency and Honesty Matter Most for Employees
There has been an abundance of lessons learned by distributors ever since the pandemic hit last year, but Motion President Randy Breaux says some of the biggest include a better human touch with employees and a continued focus on customers. “It has been a challenging past 18 months, and I think the last few months […]
