Medart Engine & AES acquisition
Medart Inc. and AES LawnParts are pleased to announce that they have reached a definitive agreement under which Medart will acquire the assets of AES’ Outdoor Power Equipment and Parts Distribution Business. In addition to Medart’s current Kohler engine and parts responsibilities, this business supports the needs of outdoor power equipment dealers and retailers, by providing MTD, as well as continuing to provide Oregon parts and accessories and many other products. The transaction is expected to close November 1, 2019.
“Medart Engine, a division of Medart Inc. is both excited and committed with this opportunity. We are excited to add key personnel from AES and welcome them as Medart Associates,” said President Michael Medart. “We plan to operate for a short time out of AES’ Olathe, Kansas facility, until we move into our recently expanded Edwardsville, Kansas distribution center. Many AES customers receiving this announcement are already customers of Medart Engine. Medart Engine’s acquisition of AES will help strengthen the partnership we have with the dealer network, as well as, enhance the end user buying experience from the dealer base.”
“The entire AES team is excited for the opportunity this transaction creates for them and that it allows them to continue helping many long-time customers,” said AES LawnParts President Tom Zschoche. “Medart is an established Kohler Engine distributor operating in multiple regions around the country who will continue growing the business. AES is committed to working with Medart to make this transition seamless to the customer base.”
Founded in 1912, Medart has been part of the turf, rental, and industrial engine industries, as well as the inland and coastal pleasure marine industries. As a 107 year old family owned company, the third generation, Michael Medart, in 2017 welcomed the fourth generation, Griffin Medart, into the business. Medart will have 155 full time associates working in and out of 6 distribution facilities. Those facilities total 374,000 square feet, and are located in the Saint Louis, Kansas City, Memphis, Houston and Mobile regions to deliver next day service to the vast majority of our customers.
Founded in 1952, AES LawnParts, began as Automotive Equipment Service in Kansas City, MO and operated in their original location in Kansas City, MO for 50 years. A new warehouse was constructed and the company moved to Olathe, KS in January 2003. AES LawnParts has remained under the leadership of the Zschoche family during the 67 years of excellent service and customer first culture.