Oil Patch Bits: Motion Industries to acquire Epperson and Co.
Motion Industries Inc. a wholly owned subsidiary of Genuine Parts Co., has entered into a definitive agreement whereby Motion Industries has agreed 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.
A leading supplier of bulk material conveying products and services in the Southeast, Epperson and Co. is headquartered in Tampa, Florida, 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.
Jimmy Abbitt, Epperson’s president, said, “We are pleased and excited about joining forces with Motion Industries and look forward to the opportunities that this brings for our people. The nice fit for both companies in the Florida market was key to our decision, and we are optimistic about the future.”