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.”