Regal Beloit to acquire Tecumseh's Fasco motor and blower business for ~$220M

Regal Beloit signed a definitive agreement to acquire Tecumseh's Fasco Residential/Commercial motor and blower operations (HVAC, water heater and alternative-fuel air-moving applications) for approximately $220 million in cash, expected to close in Q3. A strategic carve-out from Tecumseh.

“BELOIT, Wis. - Regal Beloit Corp. announced that it has signed a definitive agreement with Tecumseh Products Co. under which Regal Beloit will acquire the assets of the Fasco Residential/Commercial operations and the stock of the Fasco Asia/Pacific operations of Tecumseh (Fasco).”

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