Solve Industrial Motion Group Acquires Power Rite Products
October 13, 2025
Solve Industrial Motion Group has acquired Power Rite Products, a supplier of chain, sprockets, bearings and other power transmission components, to expand its product offerings and better serve OEM and distribution customers. Solve, a Charlotte-based industrial solutions provider formed in 2020, said Power Rite's expertise in chain and customer relationships will integrate into its broader engineered bearings and power transmission platform.
- Targets
- Power Rite Products
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Buyout
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