Motor City Industrial acquired EMCO, a Charlotte, NC-based industrial distribution and service business. Terms of the deal were not disclosed.
EMCO joins Motor City Fastener, LLC (“MCF”) a Detroit-based industrial distributor with two locations in Hazel Park and Farmington Hills, MI.
“The newly-formed partnership will allow EMCO to supplement its wider range of industrial products with MCF’s expertise in the specialty fastener industry,” MCF stated.
Founded in 1954, EMCO provides electrical, mechanical, fluid power, and automation products throughout the Southeast.
EMCO president Alan Williams called the merger “the partnership I was looking for to create more opportunities for the business and more importantly, my people.”
Williams reportedly will remain with EMCO.
The acquisition doubles the size of Motor City Industrial, who’s stated strategy is “to focus on expanding product lines and services, adding sales resources and opening new locations” throughout the Midwest and Southeast.
“Adding our technology and systems to the knowledge and experience of companies like EMCO creates a strategic advantage in the market that will benefit both our customers and employees,” added Motor City co-founder Bryan Tolles.
Motor City Industrial is backed by Kian Capital Partners (kiancapital.com) and Oakland Standard Co. (oaklandstandard.com). Web: motorcityindustrial.com
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