Regal Beloit Acquires Elco

Regal Beloit acquired Elco, a European manufacturer of blower systems for commercial refrigeration. The deal is expected to contribute $80 million in sales and $0.08 in EPS accretion in 2011.

“European based blower systems manufacturer targeting commercial refrigeration 2011 Sales estimated to be $80 million 2011 EPS accretion estimated to be $.08 Elco”

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