Motion & Control Enterprises (MCE) Acquires Piedmont Electric Motor Repair, Inc.
January 18, 2024
Motion & Control Enterprises (MCE), a Frontenac-backed industrial services platform, has acquired Piedmont Electric Motor Repair, Inc., a family-owned electric motor and crane repair provider based in Asheboro, North Carolina. The acquisition expands MCE's maintenance, repair and fabrication capabilities and will allow Piedmont to continue operating under its name with existing leadership.
- Targets
- Piedmont Electric Motor Repair, Inc.
- Sellers
- Thomas Saunders
- Platforms
- Motion & Control Enterprises
- Industry
- Industrial Services
- Location
- North Carolina, United States
- Transaction Type
- Addon
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