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Motion to purchase two Ontario hydraulics manufacturers
February 27, 2024 By Rock to Road Staff
SUDBURY, Ont. – Equipment replacement parts distributor Motion has signed an acquisition agreement with Ontario’s Perfetto Manufacturing and SER Hydraulics.
Though financial terms of the deals were not disclosed, under the agreements, Motion will acquire all operating assets of both companies. Both deals are expected to be finalized by the end of this month.
Both companies operate out of Sudbury, Ont. with SER Hydraulics established in 1978 and Perfetto serving the market since 1986. Both companies provide engineered solutions, service and equipment for hydraulic and pneumatic cylinders, complex power units and other assets for fluid power systems.
“We look forward to welcoming these two terrific organizations, especially the talented employees,” says Randy Breaux, president of GPC North America, Motion’s parent company. “These world-class experts will be key to our market-growth strategy, and we look forward to extending our position together as a premier leader in industrial solutions.”
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