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Platform formation Dec 2010

Regal Beloit frames Unico deal as start of an adjacent platform

Regal Beloit's chairman and CEO described the Unico acquisition as the start of an adjacent platform and the nucleus of a new platform for the company.

“Investors should view this acquisition as the start of an adjacent platform. Unico has experienced great organic growth and built a platform for dynamic future growth. They have an incredibly talented leadership team that will create the nucleus of this new platform for Regal Beloit.”

Entities

Regal Beloit Corp. · Acquirer Unico Inc. · Platform
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Source: www.achrnews.com

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.