The latest Natick, Mass., business news:
Metrowest Academy of Jiu-Jitsu moving to Rte. 9
Metrowest Academy of Jiu-Jitsu is leaving its Willow Street location near the rail trail and setting up shop on Rte. 9 west in the old Bernie & Phyl’s property at 61 Worcester St.
The location, which opens Sept. 18, nearly became home to one of Natick’s cannabis shops.
But instead, it will house Metrowest Academy, which offers self-defense classes for kids and adults. Its style is derived from the traditional Japanese Hakko-Ryu Jiu-Jitsu.
Town Fair Tire has plans for former Pet World space
The Natick Planning Board on Sept. 27 is set to hear about Town Fair Tire’s plans for the former Pet World Space at 1262-1272 Worcester Rd. east. Pet World moved to larger space in Sherwood Plaza earlier this year.
M & Co. Hair Studio has moved from 179 W. Central St. down the street to 127 W. Central St. The new space is larger, allowing the business to offer expanded services such as hair, makeup, bridal, skin care, and nails.
Cognex makes $275M buyout
Natick-based Cognex, a leader in the industrial machine vision field, has agreed to buy Moritex Corp., from private equity firm Trustar Capital for about $275M. Moritex is a provider of optics components, and has a strong presence in Japan.
Cognex and Moritex have had an existing sales relationship.
This is Cognex’s first buyout since last year’s purchase of German lighting technology firm SAC.