Deal announced Dec 2010 · Beloit, Wis. / Tipp City, Ohio Verified
Regal Beloit to acquire Electrical Products Co. from A.O. Smith for ~$875M
Regal Beloit announced an agreement to acquire 100% of the Electrical Products Co. (EPC) from A.O. Smith for approximately $875 million. EPC makes motors for HVAC and other applications; it was Regal Beloit's seventh announced acquisition of 2010.
“BELOIT, Wis. - Regal Beloit Corp. announced that it has entered into an agreement to acquire 100 percent of the stock and assets of the Electrical Products Co. (EPC) from A.O. Smith Corp. EPC manufactures and sells a full line of motors for hermetic, pump, distribution, HVAC, and general industrial applications.”
Entities
A.O. Smith Corp. · Parent Electrical Products Co. (EPC) · Target Regal Beloit Corp. · Acquirer
HVAC
Source: www.achrnews.com
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