Motion has completed its acquisition of Kaman Distribution Group (KDG) in a $1.3 billion deal that will merge two of the country’s largest industrial distributors under the Motion brand and further strengthens the company’s growing supply chain influence. The deal was completed Jan. 3.
Motion is the fifth-rated distributor in the most recent Source Today Top 50 Industrial Distributors listing, and Kaman is ranked 20th on that list.
“It’s a very exciting time; this transformative move will be highly beneficial to everyone involved, especially for customers of our combined entities,” said Motion President Randy Breaux. “Our customer service will be the best it’s ever been with deepened and expanded capabilities. In addition, KDG shares many of our same cultural beliefs, principles and ambitions, including our commitment to providing superior service and value to our customers. We look forward to welcoming the highly talented KDG associates to the Motion team.”
“Our Motion team, led by Randy Breaux, is eager to bring together the world-class talent and industrial expertise of these two organizations to build an even stronger business,” said Paul Donahue, chairman and CEO of General Parts Company, of which Motion is a wholly-owned subsidiary.
Bloomfield, Conn.-based Kaman Distribution Group provides equipment and solutions for the power transmission, automation and fluid power industry. The company has more than 1,700 employees and a customer base of more than 50,000. A press release stated Kaman will generate $1.1 billion in revenue in 2022.
“Motion is a nationally recognized brand and a market leader in industrial distribution,” said Kaman President and CEO Ben Mondics in a press release. “We are very pleased to combine our two great businesses and leverage our collective resources and expertise to accelerate profitable growth. We appreciate the exceptional efforts of our employees who make our company so great, and we are confident Motion is the natural partner for continued long-term success.”