Applied Industrial Technologies Acquires Advanced Control Solutions

Applied Industrial Technologies Acquires Advanced Control Solutions

Applied Industrial Technology's latest addition will help expand the company’s automation offering as well as its geographic reach in the Southeast U.S.
Applied Industrial acquisition

Applied Industrial Technologies (NYSE: AIT), Cleveland, Ohio, on Wednesday announced it has acquired Advanced Control Solutions, a Marietta, Georgia-based provider of automation products, services and engineered solutions. Financial terms of the deal were not disclosed.

“The addition of ACS extends and enhances our automation offering by providing next generation automation solutions through emerging technologies and specialized engineering services,” said Neil Schrimsher, president and CEO of Applied. “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, Georgia; Spring Hill (Nashville), Tennessee; Knoxville, Tennessee; and Birmingham, Alabama.

ACS is focused on machine vision equipment and software, mobile and collaborative robotic solutions, intelligent sensors, logic controllers and other related equipment. The company participates in a variety of end markets common to Applied, including life sciences, packaging and logistics, industrial manufacturing, and automotive.

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. ACS represents the next step in this strategic opportunity following our August 2019 acquisition of Olympus Controls. We expect their combined capabilities and supplier alignment to drive near-term sales synergies, as well as cross-selling opportunities tied to our leading technical industry position and embedded customer relationships across industrial end markets. We welcome ACS into our company and look forward to leveraging their innovative technology and capabilities to further accelerate growth and value creation for Applied’s stakeholders.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!