Deal closed Apr 2018 Verified
Regal Beloit Closes Nicotra Gebhardt Acquisition
Regal Beloit Corporation closed the acquisition of Nicotra Gebhardt on April 10, 2018. The purchase price was approximately €125 million (~$154 million), representing a 7.8x EBITDA multiple. The acquisition is expected to be accretive to adjusted EPS by $0.13-$0.15 in 2018.
“Nicotra Gebhardt Acquisition Closed on April 10th, 2018”
Entities
Regal Beloit Corp. · Acquirer Nicotra Gebhardt · Target
HVAC Sentiment: Positive
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