Motion to Purchase Industrial Distributor in Hawaii

Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the net operating assets of Maguire Bearing Company, Ltd., an industrial distributor based in Hawaii. The transaction is expected to close at the end of February 2025, subject to customary closing conditions.

Maguire Bearing has served the Hawaii and surrounding Pacific Rim market since 1955, when it was founded by William H. Maguire. His son, John “Jackie” Maguire, is the current owner and will lead the transition. The company is headquartered in Honolulu with three additional branches in Kapolei, Kahului and Hilo.

With the aim of helping customers extend their machinery and automobile life, Maguire Bearing offers a wide selection of brand-name repair products including bearings, couplings, v-belts, electric motors, hydraulic components, safety supplies, lubricants and oil seals.

Maguire Bearing has approximately 30 employees in the state of Hawaii.

For more information, visit https://www.motion.com.