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Deal announced Nov 2004 · Beloit, Wis.

Regal-Beloit to acquire GE's HVACR motors and capacitors operations for ~$379M

Regal-Beloit signed a definitive agreement to acquire GE Consumer and Industrial's HVACR motors and capacitors operations in a transaction valued at approximately $379 million. This is an HVAC component-manufacturer carve-out/acquisition, not a contractor roll-up or PE-sponsored deal.

“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. · Target Regal-Beloit Corp. · Acquirer
HVACRefrigeration
Source: www.achrnews.com

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