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Deal closed May 2011 Verified

Regal Beloit completed six acquisitions in 2010

Regal Beloit's Q1 2011 results include $91.2 million of incremental sales from six businesses acquired in 2010, indicating these deals have closed and are contributing to revenue.

“Net sales for the first quarter 2011 increased $155.3 million compared to the first quarter of 2010, including $91.2 million of incremental sales from the six businesses acquired in 2010 (the “acquired businesses”).”

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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.