Majority stake Announced Jul 2007 · Closed Sep 2007
Regal Beloit to acquire Tecumseh's Fasco motor and blower business for ~$220M
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Deal value$220M reported approximate
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 signed a definitive agreement to acquire Tecumseh's Fasco Residential/Commercial motor and blower operations (HVAC, water heater and alternative-fuel air-moving applications) for approximately $220 million in cash, expected to close in Q3. A strategic carve-out from Tecumseh.