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Add-on acquisition Jul 2006 · China Verified

Regal-Beloit Acquires Sinya Motor Business in China

Regal-Beloit Corporation acquired the Sinya motor business in China during the second quarter of 2006. The acquisition contributed $10.2 million in sales to the Electrical Segment for the quarter.

“Included in the results for the quarter were $10.2 million of sales attributable to the Sinya motor business acquired during the quarter.”

Entities

Regal Beloit Corp. · Acquirer Sinya motor business · Target
ElectricalHVAC Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.