Genuine Parts Company, a leading distributor of automotive and industrial replacement parts, announced that its wholly-owned subsidiary, Motion Industries, Inc., completed the purchase of Kaman Distribution Group.

The acquisition was reported for a purchase price of approximately $1.3 billion USD in cash, effective January 3, 2022.

KDG is a leading power transmission, automation and fluid power industrial distributor and solutions provider with operations throughout the U.S., providing electro-mechanical products, bearings, power transmission, motion control and electrical and fluid power components to MRO and OEM customers.

Headquartered in Bloomfield, CT, KDG’s 1,700 employees serve more than 50,000 customers.

“We are delighted to announce the completion of this strategic acquisition, creating significant opportunities for our customers, suppliers, teammates and shareholders,” said Paul Donahue, Chairman and Chief Executive Officer of GPC.

“We welcome the KDG team to the GPC family and look forward to their contributions to the ongoing success of our business. The future of our Motion team, led by Randy Breaux, is very bright as we bring together the world-class talent and industrial expertise of these two organizations, creating a premier leader in industrial solutions.”

About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company’s Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the United Kingdom, Ireland, Germany, Poland, the Netherlands and Belgium. The Company’s Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the Company serves its global customers from an extensive network of more than 10,000 locations in 15 countries. Genuine Parts Company had 2020 revenues of $16.5 billion USD.

Further information is available at www.genpt.com.

About Motion
With annual sales of over $6 billion, Motion is a leading industrial distributor of more than 10 million items, 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. To increase customers’ productivity, the Company offers many value-added services, including engineering, fabrication, repair, and Industry 4.0 solutions across these product groups. In addition, Mi Automation Solutions and Mi Conveyance Solutions were formed to offer a wide range of specialized, related products and innovative solutions for many applications.
Motion is a wholly owned subsidiary of Genuine Parts Company.
Visit  www.Motion.com.