Russia’s invasion of Ukraine has added an extra layer of uncertainty to supply chains and markets around the world. Specifically, the conflict has greatly impacted the nickel industry.

On January 3, 2022, Motion Industries, Inc., a leading distributor of maintenance, repair, and operation replacement parts, and a premier provider of industrial technology solutions, completed the purchase of Kaman Distribution Group (“KDG”). This strategic and highly synergistic transaction broadens the market for this premier leader in industrial solutions and significantly enhances scale and strengthens the market-leading position of Motion, creating opportunities for accelerated organic growth.