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

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.

“MILWAUKEE — A.O. Smith Corp. announced that it will buy the worldwide motor operations of MagneTek, Inc., for approximately $250 million. The deal, expected to close by the end of this month, would be the largest in A.O. Smith’s 125-year history.”

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