Consolidation trend Dec 2010 Verified
Motor Industry Consolidation Driving M&A Activity
A. O. Smith cites ongoing consolidation in the motor industry as a key driver for the sale, noting that it attracted several interested global buyers and compelling offers. The combination with Regal Beloit is expected to provide scale and new energy-efficient technologies.
“Motor industry continues to consolidate manifesting in several interested global buyers presenting compelling offers”
Entities
HVACOther Sentiment: Neutral
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