Published February 21, 2024
Canadian hydraulic/pneumatic footprint expands with the acquisitions of Perfetto Manufacturing and SER Hydraulics.
By Edited by Heather Gaynor
Motion Industries, Inc., a distributor of maintenance, repair and operation replacement parts, and a provider of industrial technology solutions, signed a definitive purchase agreement to acquire the operating assets of Perfetto Manufacturing and SER Hydraulics. The transaction is expected to be finalized at the end of February.
Located in Sudbury, Canada, the companies provide engineered solutions, services and equipment for hydraulic/pneumatic cylinders, complex power units and other assets used in fluid power systems. The acquisitions will expand and improve Motion’s services for its customers.
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