Motion & Control Enterprises Acquires Ultimation Industries, LLC
Aug. 18, 2023 – Motion & Control Enterprises (“MCE”) announced today that it has acquired Ultimation Industries, LLC (“Ultimation” or the “Company”), its fourth acquisition of 2023.
Headquartered in Roseville, MI, Ultimation provides highly engineered automation and material handling solutions as well as quick-ship distribution of material handling equipment products offered through a robust e-commerce platform to customers across the U.S., Latin America and Europe. The Company services a broad range of end-markets, including energy, automotive, logistics and vertical faming.
“We are excited to welcome Ultimation’s talented associates to the MCE family,” said Charles Hale, Chairman & CEO of MCE. “Ultimation enhances our engineered solutions capability, provides an enhanced offering for the growing material handling market and allows us to significantly expand our e-commerce capabilities.”
“The transition to MCE allows us to continue our strategy of providing customers with greater access to quality material handling solutions,” said Jacqueline Canny, CEO of Ultimation.
Ultimation was recognized in 2020 and 2022 as one of Inc. 5000’s fastest growing private companies in America. Ultimation was also named a 2022 Michigan 50 Companies to Watch by Michigan Celebrates Small Business.
Hale added, “We have now completed 11 acquisitions since January 2021 as we expand our range of highly engineered, full lifecycle fluid power, flow control, automation and compressed solutions to our OEM and end-user customers.”
About Motion & Control Enterprises
Founded in 1951, MCE is a supplier of technical fluid power, automation, flow control, compressed air products, service and repair solutions. The Company serves more than 25,000 OEM and end-user customers from 41 facilities located in 13 states.
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST, which seeks to identify, acquire and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement and growth planning.
Ultimation Industries LLC is the leading direct-to-consumer conveyor manufacturer serving the automotive, food processing, vertical farming, heavy equipment, warehousing, fulfillment and delivery industries. The company offers a line of proprietary automation systems and is also the largest integrator of Jervis Webb Conveyor Systems. Ultimation’s e-commerce channel sells Ultimation, Interroll, Itoh Denki, Jervis Webb, and a wide range of other conveyor equipment.
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