Motion Industries acquires Hydraulic Supply Company
Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, announced that it acquired Hydraulic Supply Company (HSC). Execution of the transaction was completed on October 1, 2018.
HSC President John Serra said, “When we began to explore selling HSC, culture was always at the very top of our concerns. Spending time with Motion’s executive team quickly resolved those concerns. Coupling that with Motion’s vision to see HSC operate as a vertical business unit within Motion’s existing footprint, assured both (CEO) Jim Inglis and me that we didn’t need to look any further.”
Founded in 1947, HSC is a full service distributor, offering customers a wide selection from over 8,000 hydraulic, pneumatic, and industrial products. Experienced technicians provide a wide variety of services including hydraulic repair, hose assembly and kitting, tube bending and flaring, and manual valve assembly.
“We are pleased to welcome HSC to the Motion team,” said Kevin Storer, executive vice president U.S. operations and president of Motion Mexico. “The addition of HSC further expands our reach and commitment to Motion’s customers in the fluid conveyance channel.”
Tony Cefalu, Motion Industries Senior Vice President Conveyance Solutions Group, Shops and Service Centers, said, “Hydraulic Supply Company’s culture, team and geographic coverage are a wonderful fit for Motion Industries. We are excited to work with John Serra to grow and expand the footprint of the company that Jim Inglis and his father built. HSC will operate as a vertical division within Motion’s Conveyance Solutions Group.”
Headquartered near Miami, Florida, HSC serves customers throughout and beyond its 30 location footprint, mainly in the Southeast U.S. HSC also conducts international sales through its office in Monterrey, Mexico.
About Motion Industries
With annual sales of $5 billion, Motion Industries is a leading industrial parts distributor of bearings, mechanical power transmission, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial products, safety products, and material handling.
Motion Industries is a wholly owned subsidiary of Genuine Parts Company (NYSE: GPC). Visit our website at MotionIndustries.com. Contact us toll-free at (800) 526-9328.