Fluid power, automation and industrial supplies distributor Motion & Control Enterprises (MCE) has acquired three ParkerStore locations from fellow distributor Motion & Flow Control Products.
Terms of the transaction were not disclosed.
The three ParkerStore locations are situated in Williston, ND, Sioux Falls, SD and Sidney, MT. These stores provide a variety of hose, fitting, hydraulics and filtration products and services across the region. Additionally, the Williston store features a Parker Hydraulics Center, which distributes, assembles and repairs complete hydraulic systems for both end users and fleet customers.
“By combining our resources and expertise, this acquisition positions the combined business to accelerate growth and provide an even more comprehensive suite of highly-engineered solutions to our valued customers,” MCE Chairman and CEO Charles Hale said in an Oct. 1 news release. “The acquisition further strengthens MCE’s presence in the Bakken region, allowing us to offer an increased local presence and critical additions to our comprehensive fluid power and flow control solutions offering.”
The ParkerStore locations will operate under the MCE name, with District Manager Randy Iversen continuing to lead them.
Zelienople, PA-based MCE was No. 42 on MDM’S Top Distributor’s Industrial Supplies and No. 9 for Fluid Power.
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