Motion Canada acquires fluid power company in Ontario
Motion Canada touts the acquisition as a play to be provide comprehensive fluid power solutions and product delivery to Canadian customers
BURNABY, BC – Motion Canada, a division of Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, has entered into an agreement to acquire The Fluid Power House (FPH).
FPH is an engineering-focused, full-service fluid power distributor supplying hydraulic systems and solutions.
The company employs about 40 employees in four locations in Ontario and 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.
Motion Canada is an industrial parts distributor with annual sales of $600 million.