
Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the operating assets of M.B. McKee Company, Inc. The transaction is expected to close at the end of January 2025, subject to customary closing conditions.
Established in 1943, M.B. McKee is a family-owned distributor of mechanical bearings, belts, chains, conveyor systems/components, motors, drives, and power transmission components. End markets include industrial, commercial equipment, agriculture, and textile.
Employing approximately 30 team members, the Texan company is headquartered in Lubbock, with locations in Amarillo and Hereford.
As M.B. McKee President and majority owner Cindy Cole works to transition the business, her husband Kirk Cole, vice president-sales, and brother Mark McKee, vice president and partial owner, will continue their roles in the business after closing.
Tremendous Opportunity
According to Cindy Cole, "This is tremendous opportunity, and we look forward to bringing customers an expanded product and service offering while supporting Motion's growth initiatives. We are very pleased to join forces with this global industrial leader."
"M.B. McKee is a well-established, high-quality business and a perfect strategic fit for us," says Motion President James Howe. "The complementary product offering and customer-centric approach will supplement and extend our presence and scale in the region. We are thrilled to welcome the talented M.B. McKee team to Motion and look forward to their contributions in the upcoming years."