Motion Canada has acquired Ontario-based fluid power distributor The Fluid Power House (FPH).
The transaction took place on October 1, 2019. Motion Canada is a division of Motion Industries, which is a subsidiary of Genuine Parts Company.
FPH is an engineering-focused, full-service fluid power distributor supplying hydraulic systems and solutions. With approximately 40 employees in four locations in Ontario, FPH serves a number of industries: mobile applications, factory automation, industrial machinery applications and renewable energy. For 2019, FPH is projecting annual sales of more than $21 million.
“This partnership is a competitive advantage for us, and aligns with our profitable growth strategy that builds upon our core capabilities – in this case, around our Motion Canada Services offering,” says Dermot Strong, president of Motion Canada. “We already provide fluid power services, and with this acquisition we can deliver a more comprehensive and national approach to fluid power solutions and product delivery for all of our customers.”
With annual sales of $600 million, Motion Canada is an 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.
With over 50 locations and two distribution centres, Motion Canada serves more than 160,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber and pharmaceutical industries.
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