Regal Beloit completes acquisition of Schneider Electric's RAM hermetic motor business

Regal Beloit Corp. completed its acquisition of the RAM motor business previously owned by Schneider Electric, which makes large hermetic motors for commercial HVAC applications. The deal was expected to add up to $20 million of fiscal 2013 net revenue and fold into Regal's Electrical segment.

“BELOIT, Wis. — Regal Beloit Corp. announced that it has completed the acquisition of the RAM motor business previously owned by Schneider Electric.”

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