Effective February 22, Motion Industries Inc., a wholly owned subsidiary of Genuine Parts Co., has entered into a definitive agreement to acquire Epperson and Co., an industrial distributor specializing in material handling products and services since 1932. Execution of the transaction is expected to take place March 1, 2016.
A leading supplier of bulk material conveying products and services in the Southeast, Epperson and Co. is headquartered in Tampa, FL, with full service locations in Jacksonville and Miami. Offerings include conveyor-related products such as belting, idlers, and pulleys, as well as services such as system installation and removal, belting splicing and installation, idler replacement, and other maintenance projects.
Epperson and Co. also places high emphasis on conveyor safety; its employees take the required safety certifications and encourage best safety practices in customer facilities, as well as in their own.
“We are pleased and excited about joining forces with Motion Industries and look forward to the opportunities that this brings for our people,” said Jimmy Abbitt, Epperson's president. “The nice fit for both companies in the Florida market was key to our decision, and we are optimistic about the future."
"We are very excited to leverage Epperson's material handling expertise to better serve our customers, not only in the Southeast, but from coast to coast," said Tony Cefalu, Motion's senior vice president of Hose & Rubber, Shops and Service Centers.
Tim Breen, Motion's president and CEO, added, "We welcome all Epperson employees to the Motion family, and look forward to the positive impact they will make on our overall business."
With annual sales of $4.6 billion, Motion Industries is a leading industrial parts distributor of bearings, mechanical power transmission, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial products, safety products, and material handling. Motion Industries has over 550 operations, including 15 distribution centers throughout North America and serves more than 150,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, and pharmaceutical industries.
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