Announced
Completed
Synopsis
Motion & Control Enterprises, a supplier of technical fluid power, automation, flow control, compressed air, process pumps, products, service, and repair solutions, completed the acquisition of Nova Hydraulics, an independent hydraulics solutions provider. Financial terms were not disclosed. "We are very excited to welcome the Nova associates to the MCE team. Nova’s hydraulic repair capabilities are critically important for today’s customers and are consistent with our strategy of being a full-lifecycle provider of highly-engineered products and services. Nova is a well-recognized provider of hydraulic repair services, and the strategic combination of our businesses will be positive for our customers and employees," Charles Hale, MCE Chairman and CEO.
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