Ohio Transmission Corporation will now be known as OTC Industrial Technologies, the company announced as part of a rebranding initiative. The Columbus-based industrial distributor and service provider unveiled a new logo and announced the company would be focused into four segment groups: Pump Motor Technologies, Air Supply Group, Finishing, Dispensing & Filtration, and Industrial Product […]
Category: Ohio Transmission Corp.
December 2021 M&A Roundup: Genuine Parts’ Acquisition of Kaman Highlights Month
Genuine Parts Company became the talk of the distribution world in December when it entered into a definitive agreement to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc. The acquisition from private investment firm Littlejohn & Co. has been valued at approximately $1.3 billion in cash, and the transaction is expected to […]
OTC Nets 3rd Acquisition in Week
Columbus-based Ohio Transmission Corporation — an industrial equipment service provider and distributor — acquired Diversified Pump, a provider of pumps, heat exchangers, gas compressors and service to industrial customers throughout the New England region. Financial details were not disclosed. The acquisition is the third OTC has announced in the past week. The company also acquired […]
OTC Acquires TP Pump
Columbus-based Ohio Transmission Corporation — an industrial equipment service provider and distributor — acquired TP Pump, a provider of pump lines for commercial, domestic, municipal, industrial and fire markets in New Mexico and northern Arizona. TP Pump will operate under OTC’s Pump Motor Technology Segment. The company marks the second acquisition OTC announced this week. […]
Ohio Transmission Acquires Critical Rental Solutions
Ohio Transmission Corporation, a Columbus-based industrial equipment service provider and distributor, acquired Critical Rental Solutions, a national provider of oil-free air and temperature control rental equipment. Critical Rental Solutions will operate under OTC’s Air Supply Group. The company has two sales and field service locations in Texas and has approximately 42 employees. Financial details of […]
