Motion signed a definitive purchase agreement to acquire the operating assets of Canadian-based Stoney Creek Hydraulics. The transaction is expected to close at the end of October, subject to customary closing conditions.
Founded in 1998, Stoney Creek Hydraulics specializes in hydraulic and pneumatic cylinder manufacture/repair. Repair services include cylinder inspection, machining and testing with precision. The company is named for its location in Stoney Creek, Ontario.
“We are excited to begin a new chapter as part of the Motion team,” said Patrick Gauthier, owner of Stoney Creek Hydraulics. “It is a great fit—both companies are customer-focused and share the same high values and service standards.”
James Howe, president of Motion, added, “As we continue to execute our acquisition strategy to grow our services, we are pleased to welcome Stoney Creek Hydraulics employees to Motion. Their skills and capabilities will bolster our hydraulic offering in Canada and complement our mechanical repair services in the region.”
Motion is an industrial distributor of more than 19 million parts and supplies, including bearings; mechanical power transmission products; electrical and industrial automation components; hose, belting and gaskets; hydraulic and pneumatic components; process pumps; industrial and safety products; seals and accessories; and material handling products and solutions.
