Buchanan brings more than 30 years of proven sales leadership and territory management experience in industrial manufacturing, motion control, and safety solutions, with a strong track record of driving year-over-year growth and building strategic customer relationships.
This transaction is part of the Motion business area’s profitable growth strategy.
August 12, 2022
The business employs around 600 people and generated revenues of approximately $63 million in 2021. Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2023.