Majority stake Closed Aug 2011
Regal Beloit Completes Acquisition of A.O. Smith's Electrical Products Company
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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
Regal Beloit Corporation completed its acquisition of 100% of the stock and assets of the Electrical Products Company (EPC) from A.O. Smith Corporation. The deal was valued at approximately $748.7 million in cash plus 2.83 million shares of Regal Beloit common stock. EPC manufactures motors for HVAC and other industrial applications.