6. Motion Industries acquires Braas Co.
Motion Industries Inc. announced that it has acquired Braas Company. Execution of the transaction was effective October 3, 2016.
Braas Company is a leading distributor of products and services for industrial automation and control. Braas was founded in 1961, and has been an employee-owned company with headquarters in Eden Prairie, Minn. Braas has more than 150 employees and enjoys a strong automation leadership position throughout the Midwest and Southeastern US, with five offices and three warehouses.
The company specializes in pneumatics, motion control, industrial networking, machine safety, robotics and related industrial parts. In addition, Braas has a strong reputation in the market as a solutions-provider, supported by a team of experienced application engineers to assist customers from concept to equipment installation, providing productivity improvements across the plant floor.