Motion Industries, distributor of maintenance, repair and operation replacement parts, signed a definitive purchase agreement to acquire the net operating assets of Thompson Industrial Supply. The transaction is expected to close at the end of this month, subject to customary closing conditions.
Family-owned and operated in California since its founding in 1969, Thompson is based in Rancho Cucamonga, with a second location in South El Monte, Calif. Focusing on large and small customers, the distributor provides bearings, gear reducers, motors, hydraulics, industrial automation and pneumatics, plus in-house fabrications and belt shop services. The Rancho Cucamonga location’s enhance fabrication capabilities include multiple mills, lathes, a key seater machine, a CNC lathe, robotic welders, a gearbox modification shop and a custom hydraulic hose shop.
Majority owner Gary Thompson will transition the business while other family members will continue in their roles post-close.
“This partnership unlocks significant growth opportunities as we introduce a new era of customer service with an expanded range of offerings and resources. Moreover, our strong strategic and cultural alignment completes the perfect fit,” said Thompson.
“Thompson Industrial Supply is a highly reputable business, and we are thrilled to have their incredibly talented employees join the Motion team,” said James Howe, president of Motion. “We also look forward to further bolstering our leadership position and impact to the Southern California market.”
Thompson Industrial Supply employs 45 people between the two locations.
