To expand further into the Canadian market, Motion Industries Inc. agreed Oct. 29 to acquire Stoney Creek Hydraulics. The transaction was expected to close at the end of October, and was subject to customary closing conditions.
Founded in 1998, Stoney Creek specializes in precision hydraulic and pneumatic cylinder manufacturing and repairs, including cylinder inspection, machining and precision testing. Its cylinders are built according to customer blueprints or designed by the company’s engineering team to meet a customer application’s specific requirements. Repair services include cylinder inspection, machining and precision testing.
“We’re excited to begin a new chapter as part of the Motion team,” says 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. The future is very bright for us and our customers as we combine resources and deepen our offerings.”
James Howe, president of Motion, adds, “As we continue to execute our acquisition strategy to grow our services, we’re 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.”