Kaman Adds Substantial Motion Control Offering with Acquisition of Minarik

Kaman Industrial Technologies Corp. (KIT), Bloomfield, Conn., took an expanded stake in the motion control and automation markets with the acquisition of Minarik Corp., Glendale, Calif. Minarik is the largest distributor of motion control equipment in the U.S. The transaction, valued at $39 million, closed on April 30 and Minarik is now part of Kaman's Industrial Distribution Segment.

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