Announced
Completed
Financials
Sources
Tags
power transmission
United States
electric motors
Electronic Components and Equipment
Domestic
Majority
Acquisition
Private
Completed
Friendly
Single Bidder
Synopsis
Motion & Control Enterprises, a provider of custom, innovative solutions for automation, engineered systems, completed the acquisition of Power & Pumps, a distributor of power transmission products. Financial terms were not disclosed. "We are very excited to welcome the talented associates of Power & Pumps to the MCE family. This business will expand our geographic reach, deepen our offerings, and provide entry into the attractive fluid process market," Charles Hale, MCE Chairman and CEO.
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