Deal announced Nov 2004 · United States Verified
Regal-Beloit to acquire GE's HVACR motors and capacitors operations for ~$379M
Regal-Beloit signed a definitive agreement to acquire the HVACR motors and capacitors operations of GE Consumer and Industrial in a transaction valued at approximately $379 million, expected to close by the end of December.
“Regal-Beloit Corp. announced that it has signed a definitive agreement with General Electric Co. under which Regal-Beloit will acquire the HVACR motors and capacitors operations of GE Consumer and Industrial.”
Entities
General Electric Co. · Parent Regal-Beloit Corp. · Acquirer
HVACRefrigeration
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