Who bought Kaman?
Motion Industries
Motion Industries, a subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Kaman Distribution Group, a distributor of highly engineered products and a provider of related services, from Littlejohn & Co., LLC for $1.3 billion in cash.
Is Kaman Industrial Technologies for Sale?
— the parent company of MRO parts distributor Motion (formerly Motion Industries) — announced that it has reached a deal for Motion to acquire Kaman Distribution Group from private investment firm Littlejohn & Co. for approximately $1.3 billion. The deal is expected to close in 2022’s first quarter.
Who bought Kaman Industrial?
Motion Industries has completed the purchase of Kaman Distribution Group for about $1.3 billion in cash, effective Jan. 3.
Does Motion Industries own Kaman?
– Motion Industries, Inc., a leading distributor of maintenance, repair, and operation replacement parts, and a premier provider of industrial technology solutions, has completed the purchase of Kaman Distribution Group (“KDG”) for a purchase price of approximately $1.3 billion in cash, effective January 3, 2022.
Who is KDG Corp?
KDG Development Corp. operates as a construction management firm. The Firm provides services such as cost estimates, value engineering, bid packaging assistance, general contractor selection, and contract negotiation. KDG Development also develops, implements, manages, and analyzes project and program control systems.
What does Kaman industrial Technologies do?
Kaman Industrial Technologies Corporation distributes industrial parts. The Company provides bearings, mechanical power transmission, electrical, material handling, automation and control, fluid power, and other products. Kaman Industrial Technologies operates worldwide.
What companies does Motion Industries own?
Motion Industries acquires:
- Jonesboro Bearing & Supply.
- Canco Hose & Fittings.
- Gerrish Bearings.
- GBC-PACIFIC.
- Meier Transmission.
- Shuster Corporation.
What does the manufacturer Kaman produce?
Bearings and Engineered Products Creating precision bearings and flexible drive system solutions for the most demanding environments.
Is Kaman a Parker distributor?
In addition to B.W. Rogers, Kaman has acquired several Parker distributors in the past few years. With its recent purchase of B.W. Rogers, the Kaman Distribution Group is well on its way to becoming of the largest distributors for Parker Hannifin, a global leader of fluid power products.
Does Napa own motion industries?
Since 1972, it has been a wholly owned subsidiary of Genuine Parts Company.
What are the different product groups at Kaman?
Kaman is comprised of the following product groups: Aerosystems, Fuzing & Precision Products, Specialty Bearings & Engineered Products, and Seals, Springs, & Contacts. Together, these platforms allow us to provide quality service to customers across aerospace, defense, medical, and industrial sectors.
Why choose Kaman Industrial Technologies?
To ensure production stays up and maintenance costs stay down, Kaman Industrial Technologies provides the products and solutions that keep your operation running. Kaman Industrial Technologies’ Beverage and Bottling Catalog features products from top suppliers that will help your plant run efficiently.
What is Kaman kacarb?
Bearings used on the rotor flaps of the SH-2 Sea Sprite were failing at an alarming rate, and the Navy needed a bearing liner that could stand up to the harsh conditions of maritime missions. Kaman engineers developed KAcarb, and the material worked so well that a new company was built around its continued development and manufacture.
What sets Kaman apart?
Our founder was right over 70 years ago, and is still right today: what sets Kaman apart is our people. The Kaman Benefits Program is designed to provide a wide range of plans dedicated to help support employees and their family’s health and financial well-being.