Deal closed Feb 2013 · Beloit, Wis. Verified
Regal Beloit Completes Acquisition of RAM Motor Business from Schneider Electric
Regal Beloit Corp. has completed the acquisition of the RAM motor business from Schneider Electric. The RAM business manufactures hermetic motors for commercial HVAC applications and is expected to contribute up to $20 million in net revenue in fiscal 2013. The results will be included in Regal Beloit's Electrical segment.
“Regal Beloit Corp. announced that it has completed the acquisition of the RAM motor business previously owned by Schneider Electric.”
Entities
Regal Beloit Corp. · Acquirer Schneider Electric · Target
HVAC Sentiment: Positive
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