Motion Industries Acquires OBBCO
This deal strengthens their market position in personal protective equipment, hazardous storage units, first aid supplies and gas detection equipment.
Posted: July 25, 2016
Motion Industries, Inc. (Birmingham, AL), a wholly-owned subsidiary of Genuine Parts Company (Atlanta, GA), has entered into a definitive agreement whereby they have agreed to acquire OBBCO Safety & Supply, LLC (Chesapeake, Va.). Transaction closing is expected to occur August 1, 2016.
OBBCO is an industrial safety distributor that provides products from over 100 safety supply manufacturers that include a wide range of personal protective equipment, as well as other essentials such as hazardous storage units, first aid supplies, and gas detection equipment. In business since 1985, they serve a variety of customers and end markets, from small businesses to large national corporations, and will continue operations under their existing management team. “We look forward to the opportunities that they will bring to our employees and our customers,” said OBBCO owner Mike Bryant. “This will provide us with the ability to expand our footprint in the Mid-Atlantic region and beyond, combining over 30 years of safety solution expertise with the national distribution footprint of Motion Industries.”
“We welcome all of their employees to our company family,” added Tim Breen, the president and chief executive officer of Motion. “With their experienced staff and history of success, this specialized industrial safety company will enhance our efforts to help customers create a safe working environment and to grow this segment of our business.”
With annual sales of $4.6 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. They have over 550 operations including 15 distribution centers throughout North America and serves more than 150,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, and pharmaceutical industries.
www.motionindustries.com, www.obbcosafetysupply.com