Motion Industries Acquires Axis New England
Motion Industries, Inc. (Birmingham, AL) entered into a definitive agreement to acquire Axis New England (Danvers, MA) and Axis New York (Rochester, NY), an automation and robotics company based in Danvers, MA. Execution of the transaction will occur on March 1, 2019, subject to the satisfaction of customary closing conditions. Founded in 1994, Axis New England serves the Northeast U.S. from their locations in Danvers and Rochester. With expertise in advanced machine automation, they will continue its focus on motion control, robotics, and machine vision. Their areas of specialty include precision components, electro-mechanical assemblies and fully engineered automation systems.
“Motion Industries is a great cultural fit for us,” said Todd Clark, the president of Axis New England. We are pleased to join their team and excited about the growth opportunities this will afford our business and our employees. Our customers and suppliers can expect the same partnership, support, and service as we continue our focus on delivering high-value solutions.”
“We are very pleased with the addition of this well-established company, which will operate as part of our Automation Solutions Group,” stated Randy Breaux, the president of Motion Industries. “Acquiring them is in keeping with our strategic intent and complements our growth in the area of industrial plant floor automation. We welcome their employees to our family and we look forward to the contributions they will make in upcoming years.”
