Motion Industries to acquire automation, robotics companies
Motion Industries, a distributor of maintenance, repair and operation replacement parts and a subsidiary of Genuine Parts Co., will acquire Axis New England and Axis New York, automation and robotics companies based in Danvers, Massachusetts.
The transaction is expected to close on March 1.
Founded in 1994, Axis New England serves the Northeast United States from its locations in Danvers, Massachusetts, and Rochester, New York. With expertise in advanced machine automation, the company will continue to focus on motion control, robotics and machine vision.
Areas of specialty include precision components, electro-mechanical assemblies and fully engineered automation systems.
“We are very pleased with the addition of this well-established company, which will operate as part of Motion’s Automation Solutions Group,” says Randy Breaux, president of Motion Industries. “Acquiring Axis is in keeping with our strategic intent and complements our growth in the area of industrial plant floor automation. We welcome the Axis employees to the Motion Industries family and we look forward to the contributions they will make to our company in upcoming years.”