Gibson Engineering Acquires Applied Industrial Technologies

Applied Industrial Technologies today declared it has gained Gibson Engineering Company, Inc. , a supplier of computerization items, benefits, and designed arrangements zeroed in on machine vision, movement control, portable and community automated arrangements, clever sensors, and other related gear. Terms of the exchange were not uncovered.

Neil A. Schrimsher, President & Chief Executive Officer for Applied, commented “We are pleased to announce the addition of Gibson Engineering and the continued expansion of our next generation automation offering and footprint. 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.”

Situated in Norwood, Massachusetts, Gibson's group of in excess of 40 partners works from one area and serves clients across life sciences, clinical gadget, hardware, plastics, and different mechanical and buyer enterprises.

Mr. Schrimsher added, “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. 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.”

About Applied
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise.