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Majority stake Announced Aug 2000

A.O. Smith to acquire MagneTek's worldwide motor operations for ~$250 million

Relationship map

Relationship map for A.O. Smith to acquire MagneTek's worldwide motor operations for ~$250 millionparent ofA.O. Smith Corp.: PlatformAOA.O. Smith Corp.MagneTek, Inc.: Operating CompanyMIMagneTek, Inc.
Operating CompanyPlatform

Parties

Acquirer
A.O. Smith Corp.
Platform
Target
MagneTek, Inc.
Operating Company

Market signals

Deal value$250M reported total consideration · approximate as reported by achrnews.com

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

A.O. Smith Corp. announced it will buy MagneTek's worldwide motor operations for approximately $250 million, the largest acquisition in its history, expected to close by month-end.