Motion Industries to acquire LSI Supply

Company

Motion Industries (Canada) Inc.

Company

LSI Supply Inc.

Law Firm / Organization
LSI Supply Inc.

Motion Industries, Inc., a leading distributor of maintenance, repair, and operation (MRO) replacement parts, has entered into a definitive agreement to acquire the operating assets of Canadian-based LSI Supply Inc. and its sister company, 273 Ontario (operating as LSI).

Headquartered in Windsor, Ontario, LSI Supply operates five locations and specializes in distributing bearings, seals, power transmission and fluid power components, and various industrial supplies. The company serves diverse industries, including agriculture, automotive, food and beverage, marine, plastic injection, renewable energy, and tool and die sectors. Additionally, LSI provides maintenance supplies for military and wastewater services.

Merger & Acquisition
Other
Undisclosed/Confidential
Closed
31 August 2024