Applied Industrial Technologies acquires Gibson Engineering
Applied Industrial Technologies has acquired Gibson Engineering Company Inc., a provider of automation products, services, and engineered solutions.
Based in Norwood, Massachusetts, Gibson is focused on machine vision, motion control, mobile and collaborative robotic solutions, intelligent sensors, and other related equipment. Terms of the transaction were not disclosed.
“We are pleased to announce the addition of Gibson Engineering and the continued expansion of our next generation automation offering and footprint," said Neil A. Schrimsher, president and chief executive officer for Applied. "Gibson is a leading provider of emerging automation technologies across the U.S. Northeast and Mid-Atlantic markets. They bring established customer and supplier relationships, along with an experienced team highly regarded for their technical and engineering expertise that aligns with our growth strategy, market focus, and value proposition.”
Gibson’s team of more than 40 associates operates from one location and serves customers across life sciences, medical device, electronics, plastics, and various industrial and consumer industries.
“Following three acquisitions in the past 16 months, we are making solid progress in growing our specialized automation offering and accelerating Applied’s growth opportunities into calendar 2021 and beyond," Schrimsher said. "We welcome Gibson and look forward to leveraging their capabilities across our leading technical industry position as we continue to support our customers’ most critical assets and operational requirements.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
