Applied Industrial Technologies Acquires Advanced Control Solutions
Summary
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it has acquired Advanced Control Solutions (“ACS”), a provider of automation products, services, and engineered solutions focused on machine vision equipment and software, mobile and collaborative robotic solutions, intelligent sensors, logic controllers, and other related equipment. “ Their strong Southeast presence brings established customer relationships and supplier partnerships, plus an experienced team with valuable capabilities including state-of-the-art automation training and machine vision engineering expertise.” Founded in 1998, ACS and its team of 43 associates serve customers throughout Alabama, Georgia, Mississippi, South Carolina and Tennessee from four locations – Marietta, GA; Spring Hill (Nashville), TN; Knoxville, TN; and Birmingham, AL. The company participates in a variety of end markets common to Applied, namely life sciences, packaging and logistics, industrial manufacturing, and automotive. Mr. Schrimsher added, “ As we’ve previously stated, automation is an expanding vertical for Applied that is further differentiating our value proposition, diversifying our end-market mix, and enhancing our growth profile. 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.