Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, has entered into a definitive agreement to acquire Moss Rubber and Equipment Corporation. According to Motion Industries, execution of the transaction is expected to take place immediately.
Moss Rubber and Equipment, supplier of industrial rubber products since 1965, specializes in products for the petroleum, construction, mining, manufacturing, transportation and agricultural industries throughout northern California. Moss services customers from two locations: South San Francisco and Benicia, Calif.
"We are very excited to become part of Motion Industries and to be able to leverage the added strength that the company provides," said Greg Moss, president of Moss Rubber. "It will be a good fit with our customer relationships, which for both companies are built on a platform of trust, performance, and satisfaction."
Tim Breen, president and CEO of Motion Industries, said: "We are excited about gaining Moss's technical expertise in the hose and rubber category, which will help broaden Motion Industries' services even more in this area."