Generac to acquire Baldor's generator products division from ABB Group

Generac Holdings signed a purchase agreement to acquire substantially all assets of the Baldor generator products division from Baldor Electric Co., a subsidiary of ABB Group, expanding its industrial generator line. Expected to close Q4 2013; terms undisclosed.

“Generac Holdings Inc., a leading designer and manufacturer of generators and other engine powered products, has announced the signing of a purchase agreement with Baldor Electric Co., a wholly-owned subsidiary of ABB Group, to acquire substantially all of the assets of Baldor’s generator products division.”

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